Free standing building off Terminal Ave for Sale. The property is zoned Terminal Ave DT4 with a 2640 sqft building, situated on a 5855 sqft lot. The property is currently setup for a restaurant with 3 bathrooms, office, storage, kitchen, walkin freezer, service area and dining space. Previously a occupants include Quiznos and Dish. The property is zoned DT4, (Terminal Ave) to This zone provides for predominately mixed office and retail area with three to six storey street wall related buildings intended to support the unique role as a gateway into the downtown core. Permitted uses include: Auto Parts Sales, Auto Repair, Auto Sales and Rental, Commercial School, Custom Workshop, Entertainment Use, Fast Food Restaurant (SS) Financial Institution, Gas Station, Laundromat, Office, Parking Lot, Printing and Publishing Facility, Repair Shop, Retail, Restaurant, Sign Shop, etc., see attached zoning bylaw for complete list of permitted uses.
Address
111 Terminal Ave
List Price
$899,900
Property Type
Commercial Sale
Type of Dwelling
Retail
Area
Nanaimo
Sub-Area
Na Old City
Lot Size
5855 Sq. Ft.
Lot Size (Acres)
0.13 Ac.
Year Built
1960
MLS® Number
1004863
Listing Brokerage
William Wright Commercial Real Estate Services
Postal Code
V9R 5C6
Tax Amount
$11,512.22
Tax Year
2025
Features
Hot Water, Mixed
Amenities
Corner Lot, Sign: Allowed, Sign: Pylon, Sprinkler System, Storefront