About 1045 Terminal Ave N
High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4,215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1,800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place.
Features of 1045 Terminal Ave N
| MLS® # | 1041535 |
|---|---|
| Price | $1,150,000 |
| Square Footage | 4,447 |
| Acres | 0.72 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1045 Terminal Ave N |
|---|---|
| Area | Na Central Nanaimo |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9S 4K3 |
Amenities
| Parking Spaces | 35 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
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Additional Information
| Date Listed | June 24th, 2026 |
|---|---|
| Days on Market | 80 |
| Zoning | COR3 |
Listing Details
| Office | Royal LePage Nanaimo Realty (NanIsHwyN) |
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