V9R Retail Spaces for Sale

V9R Retail Space for Sale

291 Wallace St

Nanaimo, BC V9R 5B4

Retail for Sale
$2,300,000 CAD
6,276 SF

Nanaimo Retail for Sale

Excellent opportunity to acquire a multi-tenanted retail investment at the gateway to Nanaimo’s historic Gallery Row. The Property comprises two adjacent titled lots improved with a predominantly single-storey retail building, offering strong street exposure and a diverse tenant mix. The asset provides stable in-place income with additional upside through lease-up of one vacant unit. Located within a vibrant downtown node, the Property benefits from consistent pedestrian activity and is supported by significant nearby residential developments, including a 195-unit and a 163-unit project. The building is listed on the City of Nanaimo Community Heritage Register, contributing to the character of the Old City Quarter. Offered at $2,300,000, reflecting an approximate 5.69% stabilized cap rate. Further information available upon execution of a confidentiality agreement.

Contact:

460 Commercial Inc

Date on Market:

2026-05-01

Hide

View on Map

Retail Spaces for Sale Within 5 kilometers of V9R

2127 Bowen Rd

Nanaimo, BC V9S 1H6

Retail for Sale
$1,225,000 CAD
2,580 SF

Nanaimo Retail for Sale

Colliers is pleased to present a rare opportunity to acquire a retail standalone building directly located on Nanaimo’s heavily trafficked Bowen Road arterial. The sale offering of 2127 Bowen Road, Nanaimo represents a unique investment or owner occupier opportunity featuring a quality improved 2,580 SF retail commercial building currently housing two tenants. The property comprises approximately 9,587 SF (0.22 acres) of lot area and provides for exceptional exposure.