Properties For Sale in Wallace Street, Nanaimo

16,000+ SF multifamily-zoned property in Nanaimo. Ready for townhomes, apartments, or mixed-use development (city approvals required). Excellent location with nearby amenities, schools, and transit. Development-ready parcel in a growing neighborhood.

This fully occupied building in downtown Nanaimo generates over $150k in net profit annually. Tenants include a pharmacy, physiotherapist, sleep clinic, CPA office, and art studio. With a 7-level apartment building under construction across the street, the potential for growth is immense. Consider the possibility of transforming this property into coveted condominiums.

This downtown Nanaimo property is perfect for office, medical, or government use. It offers a central location, on-site parking, and flexible office space. The building previously housed a law firm, making it ready for professional services. It also features two entrances, dual meters and heating systems, and a full basement for storage.