615 Townsite Rd - Main photo, Nanaimo, British Columbia

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$3,550,000

615 Townsite Rd — Nanaimo, British Columbia

V9S1L4

460 Commercial Inc.

MLS® 1032811

15,110Sq Ft

1960Built

1Lot Sq Ft

About This Property

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:63357)

460 Commercial Inc.MLS® 1032811

Property Location

Map

Property Details

Property Type: Detached
Building Area: 15,110 square feet
Year Built: 1960
Status: Active
MLS® Number: 1032811

Location & Neighborhood

What's nearby 615 Townsite Rd

Nearby Schools

Brechin Elementary
Elementary School • Public • K–7
89m
Fairview Elementary
Elementary School • Public • K–7
1.2 km
Discover Montessori School
K-12 School • Independent • K–10
1.1 km
Career Technical Centre
Secondary School • Public • 10–12
1.1 km
Oceane
Elementary School • Public • K–7 • Francophone
1.4 km

Parks & Recreation

Transit Access

Townsite at Millstone (WB)
Bus Stop
66m
Townsite at Millstone (EB)
Bus Stop
84m
Townsite at Churchill (EB)
Bus Stop
0.2 km
Townsite at Churchill (WB)
Bus Stop
0.2 km
Millstone at Hunter (SB)
Bus Stop
0.3 km

Local Amenities

Dining

Real Meals Nanaimo67m
Danpung Momiji 3100.6 km

Pharmacy

Medicine Shoppe Pharmacy0.7 km

Banking

Freedom 55 Financial0.7 km

Grocery

Bulk Barn0.8 km

POI data updated 4/21/2026

Price History

$3,550,000

Jun 21, 2026

↓ $550,000

-13.4%

Nanaimo Market Snapshot

840

Active Listings

Last updated: May 12, 2026

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