Nanaimo, BC Commercial Real Estate for Lease and Sale

Explore 11 listings of Nanaimo commercial real estate to find the best space for your business.

Gateway to Parksville Development Opportunity

707-716 Island Highway East, Parksville, BC
Property Type

Other
For Sale

$1,500,000
Property size 40,642 SF
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4585 Hammond Bay Road

4585 Hammond Bay Road, Hammond Bay, Nanaimo, BC
Property Type

Other
For Sale

$1,099,000
Property size 1.35 Acre
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Dover Pointe

6950 North Island Highway, Dover Bay, Nanaimo, BC
Property Type

Retail
For Lease contact for pricing
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635 Bowen Road

635 Bowen Road, Quarterway - Hawthorne, Nanaimo, BC
Property Type

Other
For Sale

$1
Property size 22,185 SF
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Long Lake Plaza

4890 Rutherford Road, Wellington, Nanaimo, BC
Property Type

Other
For Sale contact for pricing

Property size 37,102 SF
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Nanaimo Quay Market

at the Departure Bay BC Ferries Terminal 680 Trans Canada Hwy, Brechin Hill, Nanaimo, BC
Property Type

Other
For Lease contact for pricing
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335 Third Street

335 Third Street, Nanaimo University District, Nanaimo, BC
Property Type

VacantLand
For Sale

$1,988,000
Property size 1.2 Acre
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601 Alberni Highway

601 Alberni Highway, Parksville, BC
Property Type

Other
For Lease contact for pricing
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15 Front Street

15 Front Street, Old City Nanaimo, Nanaimo, BC
Property Type

VacantLand
For Sale contact for pricing

Property size 12,598 SF
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38 Victoria Crescent
Input Cowork
38 Victoria Crescent, Nanaimo, BC
Property Type

Private Offices
For Lease

From CA$900/month
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997 Hecate Street

997 Hecate Street, Old City Nanaimo, Nanaimo, BC
Property Type

Multi-Family
For Sale

$2,600,000
Build in 1930 / Property size 5,000 SF
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Nanaimo commercial real estate market includes 204,048 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.
The listing inventory in Nanaimo incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Nanaimo is represented by Office space.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Nanaimo, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Nanaimo is in the Dover Bay neighborhood.

Meanwhile, retail space opportunities are most abundant in the Dover Bay submarket.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.
The average size of a commercial property in Nanaimo depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- Retail properties here incorporate an average of 68,016 square feet.

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Nanaimo, BC Commercial Real Estate for Lease and Sale

Gateway to Parksville Development Opportunity

4585 Hammond Bay Road

Dover Pointe

635 Bowen Road

Long Lake Plaza

Nanaimo Quay Market

335 Third Street

601 Alberni Highway

15 Front Street

38 Victoria Crescent

997 Hecate Street

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