Commercial properties For Sale in University District, Nanaimo

Commercial corner property ideal for redevelopment or rental income. Features a small house and cottage, zoned for multi-storey mixed commercial/residential use. Convenient location near downtown, VIU, and major bus routes.

Commercial land for sale in Nanaimo. 22,041 sq ft lot zoned for residential, medium density, and office development. High visibility on Bowen Road with access to schools, transit, and amenities. Potential for mid-rise apartments.

Turnkey takeout restaurant for sale in a busy Esso convenience store across from Vancouver Island University. Affordable lease ($1,025/month) and high foot traffic. 200 sq ft kitchen. Sale is of business assets only, lease expires June 2026.

Rare 6-bed, 4-bath house in Nanaimo. Well-maintained with recent updates including laminate flooring, 2 water tanks, & 2 laundry sets. Great location, walk to university & pool. Features a 2-bed legal suite (mortgage helper) and a large game room. Currently rented for $3082/month.

Double lot (10,824 sqft) in prime Nanaimo location. Zoned CS1, R5, and R1, ideal for building a dream home, suite, carriage house, or multi-family rental. Massive backyard with alley access. Close to VIU, parks, shops, and schools. Excellent investment opportunity.

Rare investment opportunity! Two homes on one lot in Nanaimo's University District. Charming 2-bed rancher & modern 1-bed carriage home, each with private yard & parking. Perfect for mortgage helper, rental income, or multi-generational living. Steps from VIU & amenities.

Build your dream home or multi-family investment on this flat, 5435 sqft lot in Harewood, Nanaimo. Zoned R1 and R5, it offers alley access and permits for carriage houses. Sewer and water are available. Close to VIU, parks, shops, and schools. No GST!

Two homes nestled in south Nanaimo! Main house features 2 bedrooms, 1 bath, large deck & basement. 2020-built carriage house offers 2 bedrooms, 1 bath, separate entrance & parking. Minutes to downtown, shopping, dining & VIU.

Turnkey 2-bed, 1-bath manufactured home in Valley Oak Estates. Tastefully renovated with new appliances, roof, heat pump, and more. Large primary bedroom, modern kitchen, and fenced yard with shed. RV/boat storage available. Close to recreation and amenities.

Character home with huge potential! Approx. 1,628 sqft finished space plus 1,100 sqft unfinished. 4 bedrooms, 1 bathroom. Features original charm, 8-ft coved ceilings, fir floors, wood-burning fireplace, cedar deck, and fully fenced yard. Great location near schools and amenities.

Charming 5-bedroom, 2-bathroom home in University District. 2500+ sq ft, ideal for families or investors. Features two suites, hardwood floors, spacious kitchen, deck, RV parking, and mature landscaping. Close to schools, transit, and amenities.

Sunny 2-storey family home with 3 beds & 2 baths upstairs, plus a 2-bed in-law suite downstairs. Features an open-concept kitchen, dining, & family room with gas fireplace and spacious patio. Double-car garage & fenced yard. Perfect for families or investors. Close to VI University and recreation.

Attention developers! Corner lot (6720 sq ft) in Harewood, Nanaimo. R-5 zoned, close to VIU, restaurants, and amenities. Ideal for family-oriented development.

Spacious 4-bed, 4-bath home in a convenient location, perfect for families. Open-concept main floor, primary ensuite, lower-level bedroom with separate entrance ideal for home office or student rental. Near Bowen Park, VIU, and downtown amenities.

3 bed, 2 bath rancher in Harewood, Nanaimo. Spacious layout, ample storage, double garage & RV parking. Perfect for first-time buyers or retirees. Close to amenities.

Zoned COR-1, this corner property is ideal for redevelopment or a first-time buyer. Features a small house and cottage. Multi-storey mixed commercial/residential development permitted. Walking distance to downtown, VIU, and amenities. Tenant occupied; appointments only.

Great redevelopment opportunity! Corner property zoned COR-1, suitable for multi-storey mixed commercial/residential development. Includes a small house and cottage, potentially rentable. Close to downtown, VIU, and amenities.

Development opportunity! Two parcels (474 & 486 Wakesiah Ave) totaling 13,796 sqft near Vancouver Island University. Currently rented, details available upon request.

Beautiful 2500+ sq ft rancher with wheelchair-accessible living. Features a 2-bedroom in-law suite, open-concept layout, expansive primary bedroom with ensuite, and a versatile media room. Recent upgrades include a new retaining wall, improved drainage, and a brand-new fence. Full circular driveway, covered porch, and located near amenities. Perfect for families or those seeking comfortable, low-maintenance living.

Charming character home in University District on a private lot with updated features. Spacious living room, bright kitchen, 3 bedrooms, 2 baths, large recreation room, RV parking, and a stunning garden. Perfect for gardeners and those seeking a private oasis.

Spacious 2200 sqft family home on 0.35 acre lot in University District. Features 3 bedrooms, large rec room, potential suite, expansive backyard, patio, 2 sheds, and ample parking. Perfect for families or investors!

Well-maintained 3-bedroom, 2-bathroom home with a suite, ideal for first-time buyers or investors. Spacious living room, large kitchen, and private backyard. Updated suite with separate entrance, perfect for rental income or multi-generational living. Close to VIU, schools, parks, and shopping.

5 bed, 3 bath mid-century modern home with updated kitchen, open living space, hardwood floors, and renovated lower level. New roof, windows, furnace, & more! Centrally located with fenced, irrigated lot.

6720 sq ft R-5 zoned lot, perfect for developers. Quiet, family-friendly neighborhood, close to VIU, restaurants, and bus routes.

Charming early 1900s home on a large lot, offering 3400 sq ft of living space plus an 881 sq ft detached shop. Features original details, clawfoot tub, and partial ocean views. Needs some TLC to restore its former glory.

Character home with huge potential! Approx 1628 sqft finished space plus 1100 sqft unfinished. 4 bedrooms, 1 bathroom. Features original charm, cedar deck, wood-burning fireplace, and 6100 sqft lot with alley access. Near schools and university.

Corner property zoned COR-1, ideal for redevelopment or first-time buyers. Features a small house and cottage. Walking distance to downtown, VIU, and amenities. On major bus routes.

Investors, developers, and DIYers will love this 5-bedroom, 2-bathroom home in Nanaimo's University District. The 1700 sqft home sits on a large 7534 sqft corner lot with alley access and COR1 zoning. Close to VIU, recreation, and downtown amenities.

Well-maintained 3-bed, 2-bath home with a suite, perfect for first-time buyers or investors. Spacious living room, large kitchen, and private backyard. Updated suite offers rental income potential. Located minutes from VIU, schools, parks, and shopping.

Rare 3 bed, 2 bath end-unit townhome in a quiet complex. Updated flooring, 2 outdoor spaces (balcony & patio), & closet organizers. Perfect for pet owners (1 dog allowed). Close to amenities!

Turnkey 2-bedroom, 1-bathroom manufactured home in Valley Oak Estates. Tastefully renovated with new appliances, roof, and AC. Features a large primary bedroom, modern kitchen, fenced yard, and shed. Close to recreation, transit, and amenities. Perfect for those seeking a move-in ready home.

Prime development opportunity! 10,824 sqft double lot with alley access. Zoned CS1, R5, and R1, build your dream home or a multi-unit rental. Ideal location near VIU, parks, shops, and schools. High rental income potential. Don't miss out!

Build your dream home on this flat 5435 sqft lot zoned R1 and R5! Features alley access, sewer, and water. Perfect for a house with a suite or a multi-plex. Close to parks, shops, schools, and VIU. No GST!

3-bedroom, 2-bathroom rancher with a spacious layout, well-appointed kitchen, and ample storage. Features include baseboard heating, a crawl space, double garage, and RV parking. Ideal for first-time buyers, retirees, or investors. Located in an established neighborhood near amenities.

Bright 3-bed, 1-bath home in Nanaimo's University District. Features hardwood floors, walk-out lower level (suite potential), spacious fenced yard, updated windows & roof, and is close to schools & amenities. Ideal for families or couples.

Spacious 2-storey home in Hawthorne Heights with breathtaking mountain views. Features 3 bed/2 bath up, 2 bed in-law suite down, perfect for families or investors. Includes a double-car garage and fully fenced yard. Close to parks and amenities.

Spacious 2200 sq ft house on a 0.35-acre lot, perfect for families. Features 3 bedrooms upstairs, a large recreation room downstairs, a huge backyard with patio & sheds, and ample parking. Ideal for family living or investors.

Charming character home in University District on a private lot. Spacious living room, bright kitchen, 3 bedrooms, den, and large recreation room. Updated hot water tank, garden shed, and RV parking. Lush landscaping with fruit trees and rose bushes.

Rarely found 6-bed, 4-bath house with great layout. Recent updates include laminate flooring, dishwasher, & 2 laundry sets. Walk to university & pool, 5 min to downtown. Features a 2-bed legal suite (mortgage helper). Currently tenanted ($3082/month).

Modern 3-level townhouse near Vancouver Island University, perfect for student rentals or a family. Features 4 ensuite bedrooms, 2 patios, 2 parking stalls, and a prime location close to amenities. No GST, no rental restrictions, and huge income potential.