300 Terminal Ave S

300 Terminal Ave S · Nanaimo · Commercial Mix · $499,000 · MLS 1024752

Nanaimo, British Columbia
C$499,000
For sale
300 Terminal Ave S

300 Terminal Ave S is located in Nanaimo. Property snapshot: Commercial Mix, listed at $499,000, MLS 1024752. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 110. Latest recorded list price 499000.00.

List Price: $499,000
MLS: 1024752
Days on Site: 110
Price History: Latest recorded list price 499000.00

Local Decision Guide

How should buyers evaluate 300 Terminal Ave S?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 300 Terminal Ave S?

This page shows a list price of $499,000 with MLS 1024752.

What type of home is this Nanaimo listing?

The page shows Commercial Mix at 300 Terminal Ave S. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 110 days on market/site. Latest recorded list price 499000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Investors Alert! Excellent opportunity to acquire a well-maintained downtown commercial revenue cashflow property. This is a 2-level building in the downtown core of Nanaimo, one of Canada's top-rated cities. Located on Terminal Avenue Island highway making this a strategic high traffic-count and good-visibility building with strong exposure and a central city core position adjacent to a large City operated underground covered Parkade for plenty of easy year round parking. The building provides approximately 3,600 sq. ft. over the two levels, each with multiple private separate entrances, handicapped bathrooms on main floor and bathrooms on upper second floor for excellent flexibility for investors or owner-occupiers wishing to max out their cashflow position. An owner could utilize part of the upper floor while maintaining rental income from the ground floor and remaining space(s). With steady income, long-term equity potential, and Nanaimo's continued downtown revitalization growth, this DT4-zoned building is attractively priced and represents one of the best-value commercial opportunities in the downtown core area for a ROI hold. Potential uses may include retail, offices, wholesale or service retail, medical, restaurant, studio, service, and other retail commercial applications (uses subject to city approvals). All measurements and permitted uses to be verified by the Buyer with the City of Nanaimo if deemed important. Vacant for quick possession and TouchBase notice for showings. (id:56153)

Property Details

Commercial Mix
Building Type
-
Bedrooms
-
Bathrooms
1954
Year Built
72 years
Age
110
Days on Site

Transaction: For sale

Status: active

Listing ID: 29314084 (1024752)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$499,000

PID: 008-824-312

Days on Site: 110 days

Added to Relistico: 2026-03-28

Updated on: 2026-07-13 02:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
ManLee Oriental
About 120 m away
385 Terminal Avenue
The Green Store: Discount Organic
About 147.2 m away
256 Wallace Street, Nanaimo
Shopping Centres
City Centre Plaza
About 249.2 m away
140 Terminal Avenue
Old City Quarter
About 253.4 m away
Parks / Green Space
SAYSUTSHUN (NEWCASTLE ISLAND MARINE) PARK
About 1.1 km away
Class A · 0133 · 00
PETROGLYPH PARK
About 2.8 km away
Class A · 0043 · 00

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 13 Jul 2026 01:51:52 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Sutton Group-West Coast Realty (Nan)

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