530 2980 Island Hwy

530 2980 Island Hwy · Nanaimo · Business · $325,000 · MLS 1026776

Nanaimo, British Columbia
C$325,000
For sale
530 2980 Island Hwy

530 2980 Island Hwy is located in Nanaimo. Property snapshot: Business, listed at $325,000, MLS 1026776. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 82. Latest recorded list price 325000.00; 1 price change(s) on file.

List Price: $325,000
MLS: 1026776
Days on Site: 82
Price History: Latest recorded list price 325000.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 530 2980 Island Hwy?

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 530 2980 Island Hwy?

This page shows a list price of $325,000 with MLS 1026776.

What type of home is this Nanaimo listing?

The page shows Business at 530 2980 Island Hwy. 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 82 days on market/site. Latest recorded list price 325000.00; 1 price change(s) on file.

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

Premium Pizza Franchise with around 200 locations Canada wide, Location Nanaimo, Prime location in a famous strip mall, heavy footfall, no dearth of parking, NO DEMO CLAUSE, Gross yearly sales around 535K, Gross Monthly rent $3791 Plus GST, Current lease till 2031 with one 5 year option to renew, Subject premises 1142 sq ft, Business in operation since July 2023. Yearly Net profit ranges between 90K-105K plus this is the only Franchise location in Nanaimo. Endless scope to grow, Rare business opportunity. NDA required. (id:56153)

Property Details

Business
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Status: active

Listing ID: 29402352 (1026776)

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Site Context

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Property Summary

Price: C$325,000

Days on Site: 82 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-06-15 04:03 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
Nanaimo Grocery Store
About 651.9 m away
Save-On-Foods
About 842.4 m away
3200 Island Highway North
Shopping Centres
Rock City Shopping Centre
About 182.7 m away
2980 Island Highway North
Co-Op Centre
About 512.8 m away

Price History

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Last Updated: Mon, 15 Jun 2026 03:43:05 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Century 21 Coastal Realty Ltd.

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