Commercial Lease

Property Description

CBRE Limited is pleased to present an excellent opportunity to secure affordable, flexible commercial space in the heart of Downtown Nanaimo. Located just off Terminal Avenue, this ground-floor unit offers strong accessibility, nearby amenities, and rare on-site parking—an increasingly scarce feature in the downtown core.

Zoned DT4, one of Nanaimo’s most versatile downtown designations, the space permits a wide range of uses including office, retail, personal services, medical, studio, and other small business operations.

The 1,185 SF unit is ideal for businesses seeking a manageable footprint with minimal overhead. With base rent at $18.00 PSF and additional rent estimated at $6.11 PSF, total occupancy costs are approximately $2,380 per month plus GST, positioning this as one of the most competitive downtown leasing opportunities available.

Well suited for startups, professional services, creatives, or owner-operators seeking downtown presence, flexibility, and value.