Nanaimo Commercial Land Properties for Sale

Commercial Real Estate in Nanaimo available for sale

Nanaimo Commercial Land for Sale

4781 Mcguffie Rd

Nanaimo, BC V9T 5B3

Land for Sale
$1,550,000 CAD
2.35 AC Lot

Nanaimo Land for Sale

R1 zoning surrounded by Multi-Unit Zoning creating excellent potential for rezoning to multi-family. OCP: Suburban Neighbourhood - single-unit dwellings with/without secondary suites, Duplexes, Ground-oriented multi-unit dwellings including tri/fourplex, townhome, Up to 3 storeys. Buyer to verify redevelopment potential and measurements if important.

Contact:

REMAX Anchor Realty

Property Subtype:

Commercial

Date on Market:

2025-10-27

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501 Prideaux St

Nanaimo, BC V9R 2N8

Land for Sale
$875,000 CAD
0.32 AC Lot

Nanaimo Land for Sale

The sale offering of 501 Prideaux Street in Nanaimo, British Columbia. This Development Permit (DP) Approved 21-unit Multifamily Development Site consists of 21 One-Bedroom units ranging in size from 465 to 500 SF. The approved DP includes 22 parking stalls at grade, significantly mitigating the construction cost by not having to build a underground parkade structure. The 2021 Census shows Nanaimo was the fastest-growing metropolitan area on Vancouver Island and one of the top five fastest-growing in Canada over the past five years.

Contact:

Colliers

Property Subtype:

Commercial

Date on Market:

2025-06-02

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Land Properties for Sale Within of Nanaimo

2236 Mcgarrigle Rd

Nanaimo, BC V9S 4M6

Land for Sale
$1,920,000 CAD
1 AC Lot

Nanaimo Land for Sale

2236 McGarrigle Road presents a rare sale-leaseback investment opportunity in Nanaimo, BC. The offering is comprised of a single 1-acre legal title, zoned I-2 (Light Industrial), with dual road frontage on McGarrigle Road and Northfield Road providing direct access to Highway 19A and the Nanaimo Parkway. The site improvements include a 3,000 SF freestanding building with 12' ceiling clearance, a 276 SF rear carport, and a 1,186 SF paved front yard suitable for parking. A fenced and graded rear yard is currently leased as parking to two additional tenants, providing supplementary income alongside the primary lease. Current zoning permits subdivision into two lots, offering a purchaser additional long-term flexibility. The property has operated as a dry cleaning business since the 1960s, with current ownership in place since 2005. The seller is proposing a 5-year triple net (NNN) leaseback at closing (length negotiable), providing a purchaser with immediate, stable in-place income backed by decades of continuous operating history at this location. Purchase of the business itself in addition to the land is also negotiable. This offering represents an attractive opportunity for an investor seeking an income-producing industrial asset with embedded redevelopment potential in a growing Vancouver Island market.

Contact:

Pressed For Time

Property Subtype:

Industrial

Date on Market:

2026-07-29

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More details for 766 Maughan Rd, Nanaimo, BC - Land for Sale

Duke Point Industrial Land - 766 Maughan Rd

Nanaimo, BC V9X 1J2

Land for Sale
$7,696,000 CAD
5.16 AC Lot

Nanaimo Land for Sale

766 Maughan Road is an Industrial (I4) property located in Nanaimo’s Duke Point Industrial hub. The property serves as a key logistics point, located less than three kilometers from the Duke Point Ferry Terminal and nearly adjacent to the Port of Nanaimo. This property offers immediate utility for logistics, truck-trailer operations, fleet maneuvering, heavy equipment storage, or other industrial uses. The value of the property is anchored by its substantial size for an in-city location, Heavy Industrial zoning, 100% paved surface, and heavy-duty electrical infrastructure. Industrial land, particularly heavy industrial-zoned land, is becoming increasingly scarce on Vancouver Island and across the Lower Mainland.

Contact:

NAI Commercial (Victoria) Inc.

Property Subtype:

Industrial

Date on Market:

2026-05-23

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2202 Meredith Rd

Nanaimo, BC V9S 2N3

Land for Sale
$1,335,000 CAD
0.35 AC Lot

Nanaimo Land for Sale

Opportunity to start construction quickly and complete this an in-demand, eight-unit townhouse development timed to meet an under-served market. This is an architecturally designed project with full drawings available (drawings additional to purchase price). 2202 Meredith Road offers a near shovel-ready opportunity in Nanaimo’s sought-after missing middle housing sector. Development of the property has been “de-risked” through significant soft-cost investment and municipal approvals. The project received City approvals of development permit and building permit (renewal applied for). The eight-unit townhouse development contains two duplex buildings and one four-plex building. Units are a mixture of two and three storeys with grade level garages Townhouses range in size from 1,177 square feet to 1,469 square feet. Gross building area is 13,108 square feet (including garages).

Contact:

NAI Commercial (Victoria) Inc.

Property Subtype:

Residential

Date on Market:

2026-04-20

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More details for 530 & 550 Pythian Lane, Nanaimo, BC - Land for Sale

Downtown multi- family development view lots - 530 & 550 Pythian Lane

Nanaimo, BC V9S 1A9

Land for Sale
$1,064,000 CAD
0.44 AC Lot

Nanaimo Land for Sale

Sold at land value only. Two adjacent development lots. The two lots are matching in area, rectangular shape,(lot area is 67.5 sq ft by 142 sq ft.) each providing 9,585 square feet of development land (total of 19,170 square feet). The lots are cleared, level and ready for redevelopment for an impressive single-family home or can be developed for multifamily use under the existing zoning (R5, small scale multiple-family dwellings, up to 4 units per lot). The immediate area is being renewed with larger, modern residential development.

Contact:

NAI Commercial (Victoria) Inc.

Property Subtype:

Residential

Date on Market:

2026-03-24

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3801 Shenton Rd

Nanaimo, BC V9T 2H1

Land for Sale
$1,400,000 CAD
0.75 AC Lot

Nanaimo Land for Sale

The lot supports street-oriented, medium-density residential and mixed-use development along major corridors. The site previously held a Development Permit for approximately 16–20 residential units in a multi-storey building with underground parking. While a new Development Permit will be required, the prior approval demonstrates the site’s suitability for a purpose-built rental apartment or boutique condominium project at a manageable scale. With strong southern exposure, direct lake frontage, and proximity to schools, transit, and amenities, this property offers a compelling infill development opportunity within Nanaimo’s growing urban corridor—well suited to developers seeking an efficient project with long-term rental or sell-out potential