Featured Listings
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1013945
- Photos (40)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Acquire a stabilized investment property in the heart of Nanaimo’s Old City District. Situated prominently on the southeast corner of Cavan Street and Albert Street, this property is fully leased to Doane Grant Thornton LLP, providing secure income with a 5.10% cap rate. The current lease term runs until September 2026. Originally constructed in 1949 by the Provincial Government, the building is a distinguished example of Streamline Moderne architecture and carries Heritage designation, underscoring its historical significance.
Ample pay or permit parking available in 2 adjacent lots.
- Property Type:
- Commercial Sale
- Type:
- Office
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets
- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,007 sq. ft.651 m2
- Building Features:
- High Traffic Area, Shopping Nearby, Transit Nearby
- Construction:
- Concrete
- New Construction:
- No
- Total Building Area:
- 6,802 sq. ft.632 m2
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- City of Nanaimo
- Zoning:
- DT9
- Property Condition:
- Updated/Remodeled
- Date Listed:
- Sep 10, 2025
- Original Price:
- 1795000.0
-
Photo 1 of 40
-
Photo 2 of 40
-
Photo 3 of 40
-
Photo 4 of 40
-
Photo 5 of 40
-
Photo 6 of 40
-
Photo 7 of 40
-
Photo 8 of 40
-
Photo 9 of 40
-
Photo 10 of 40
-
Photo 11 of 40
-
Photo 12 of 40
-
Photo 13 of 40
-
Photo 14 of 40
-
Photo 15 of 40
-
Photo 16 of 40
-
Photo 17 of 40
-
Photo 18 of 40
-
Photo 19 of 40
-
Photo 20 of 40
-
Photo 21 of 40
-
Photo 22 of 40
-
Photo 23 of 40
-
Photo 24 of 40
-
Photo 25 of 40
-
Photo 26 of 40
-
Photo 27 of 40
-
Photo 28 of 40
-
Photo 29 of 40
-
Photo 30 of 40
-
Photo 31 of 40
-
Photo 32 of 40
-
Photo 33 of 40
-
Photo 34 of 40
-
Photo 35 of 40
-
Photo 36 of 40
-
Photo 37 of 40
-
Photo 38 of 40
-
Photo 39 of 40
-
Photo 40 of 40
Larger map options:
Listed by RE/MAX Camosun
Data was last updated September 18, 2025 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 29
- Avg list price:
- $750,000
- Min list price:
- $55,000
- Max list price:
- $3,750,000
- Avg days on market:
- 133
- Min days on market:
- 8
- Max days on market:
- 512
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- MIKE THOMPSON
- RE/MAX Camosun
- 1 (250) 8939687
- mgt@shaw.ca
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
Featured Listings
210 A 1376 Lynburne Pl
$59,500

RE/MAX Camosun
218-220 B 1376 Lynburne Pl
$83,900

RE/MAX Camosun
3802 Madaric Pl
$950,000

RE/MAX Camosun