615 Townsite Rd

About this home

Multi-tenant commercial investment property situated on approximately 1.30 acres, improved with a 15,110 sq.ft. building fully leased to four tenants. The property provides stable in-place income, with the majority of leases structured as Net leases, allowing for recovery of operating costs. Ample on-site parking is available for tenants and customers, with convenient access to surrounding residential neighbourhoods and established commercial services within Nanaimo. The site includes approximately 0.59 acres of surplus land based on current parking requirements, offering potential for future expansion or redevelopment. This property presents an opportunity for investors seeking steady income with potential for future growth. Financial package available on completion of a Confidentiality Agreement. (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

1. Apr 21, 2026

   Listed $3,550,000

   Active69 days on marketMLS 1032811

Current market in Central Nanaimo

Seller's market — 3.5 months of supply at the current sales pace.

Assessment

From publicly available property records.

Local price trend

How Central Nanaimo has moved over the last decade.

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