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13 Victoria Cres

$2,850,000

South Nanaimo

Detached— · — · —Built 1957266 days on market

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About this home

Prime Downtown Opportunity in Nanaimo, extensively upgraded property featuring approximately 50,000 sq. ft. of thoughtfully designed and turnkey office space. Perfectly positioned in the heart of downtown Nanaimo on Vancouver Island, this rare opportunity offers exceptional potential for businesses seeking a central and professional location. The property comprises seven distinct units, each tailored for substantial office use, with configurations ranging from 3 to 18 offices per unit. Each unit boasts a variety of functional amenities such as staff rooms, kitchens, reception areas, waiting rooms, washrooms and ample storage solutions. Building is equipped with an on-site workshop, and a cafeteria/restaurant. Spread across two floors with two convenient access points, the property is zoned Downtown 4 (Terminal Avenue), allowing for diverse uses such as offices, financial institutions, commercial or technical schools, convention centers, cultural facilities, and potential for a conversion to multi-family. Adding to its appeal, the location is within walking distance of numerous amenities, including the Hullo Ferry to downtown Vancouver, floatplane services, Helijet, the Gabriola Island Ferry, hotels, entertainment venues, the convention center, shopping centres, retail stores, personal service businesses, and a variety of restaurants. This is a rare opportunity in a prime downtown location. For more details, request an information package or schedule a private tour today. Plus GST. (id:65179)

Property details

From the listing's public record.

Lot size

0.79 acres

Year built

1957

Taxes

$98,872/yr

Zoning

Unknown

Heating

Forced airNatural gasHot Water

Cooling

Central air conditioning

Lot

Central locationCorner SiteIrregular lot sizeMarine Oriented

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Oct 6, 2025

    Listed $2,850,000

    Active266 days on marketMLS 1015864

How this listing compares

Based on 127 sales in South Nanaimo

Median sold

$698,000

Avg days on market

41 days

Avg sale-to-list

98.2%

Avg $/sqft

$358

Current market in South Nanaimo

Active (same type)

45

Pending

12

All active listings

111

Months of supply

4.3

Balanced market4.3 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$4,848,000

Land

$1,958,000

Improvements

$2,890,000

Homes in Nanaimo sell at 103.3% of assessed value on average.

Based on 1116 recent sales.

Local price trend

How South Nanaimo has moved over the last decade.

5984110Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 925 Howard Ave

    $890,000

    4 bd · 4 ba · 2,806 sqft · $317/sqft · 164 days on market

    Sold Jun 29, 2026 · 98.9% of list

  • 228 View St

    $440,000

    3 bd · 1 ba · 2,035 sqft · $216/sqft · 17 days on market

    Sold Jun 29, 2026 · 88.7% of list

  • 682 Bruce Ave

    $570,000

    3 bd · 1 ba · 1,113 sqft · $512/sqft · 18 days on market

    Sold Jun 25, 2026 · 98.3% of list

  • 367 Applewood Cres

    $870,000

    5 bd · 3 ba · 2,277 sqft · $382/sqft · 17 days on market

    Sold Jun 25, 2026 · 98.9% of list

  • 788 Bruce Ave

    $588,000

    4 bd · 1 ba · 1,726 sqft · $341/sqft · 15 days on market

    Sold Jun 16, 2026 · 99.7% of list

  • 659 Lambert Ave

    $587,100

    2 bd · 1 ba · 897 sqft · $655/sqft · 18 days on market

    Sold Jun 16, 2026 · 97.9% of list

  • 664 Nicol St

    $715,000

    6 bd · 3 ba · 2,834 sqft · $252/sqft · 22 days on market

    Sold Jun 16, 2026 · 98.6% of list

  • 624 Winchester Ave

    $668,000

    3 bd · 2 ba · 1,537 sqft · $435/sqft · 27 days on market

    Sold Jun 15, 2026 · 97.5% of list

  • 470 Alpen Way

    $939,000

    7 bd · 4 ba · 3,672 sqft · $256/sqft · 17 days on market

    Sold Jun 11, 2026 · 100% of list

  • 662 Farquhar St

    $490,700

    2 bd · 1 ba · 2,361 sqft · $208/sqft · 36 days on market

    Sold Jun 8, 2026 · 94.7% of list

  • 261 Applegreen Ave

    $725,000

    3 bd · 3 ba · 1,464 sqft · $495/sqft · 10 days on market

    Sold Jun 4, 2026 · 100% of list

  • 909 Brookfield Pl

    $710,000

    3 bd · 2 ba · 1,256 sqft · $565/sqft · 16 days on market

    Sold Jun 3, 2026 · 101.6% of list

More on this listing

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