300 Terminal Ave S

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

Nanaimo, British Columbia · Neighbourhood: Old City

C$499,000

For sale

300 Terminal Ave S is located in Nanaimo (Old City). 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: 74. Latest recorded list price 499000.00.

List Price: $499,000

MLS: 1024752

Days on Site: 74

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 Old City 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, Old City 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 74 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.

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Remarks

Excellent opportunity to acquire a well-maintained downtown commercial revenue cashflow property with large 2-level building in Nanaimo, one of Canada's top-rated cities. Located on Terminal Avenue highway, this high traffic-count and good-visibility building offers strong exposure and a central city core position adjacent to a large Parkade for plenty of parking, just below the Bastion Street Bridge in the historic downtown old city center core. The property provides approximately 3,600 sq. ft. over two levels, each with a private separate entrance, offering 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 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 include office, retail, medical, restaurant, studio, service, and other commercial applications(subject to city approval). A11 measurements and permitted uses to be verified by the Buyer with the City of Nanaimo if deemed important. 24/hrs notice for showings (id:56153)