Office for Sale — Central Nanaimo, Nanaimo, BC
$759,000
1605 Bowen Rd, Nanaimo, BC V9S1G5
Property details
Structured details
- Ownership
- Freehold
- Annual property tax
- $12,384.55
- Lot dimensions
- 13578
- Structure type
- Offices
- Parcel ID (PID)
- 005-610-435
Listing Information
- MLS®
- 1032536
- Listed
- April 20, 2026
- Time on market
- 147 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
An ideal opportunity for the business owner looking for ready to go office space would be suitable for an accountant or lawyer. Three key benefits include the size of lot allows for customer parking in front and work vehicles in the back, the exposure of Bowen Road and the zoning permits numerous options. It is a well maintained building converted for business use, four offices, plus reception and a low height basement for easy storage. For 26 years the owner has maintained the building with regular updates, new HWT, new roof plus some new windows and heat pump. New sewer and water line has been connected to City services. This is a rare opportunity that allows a small business owner the space they need to expand their business and serve their customers in a professional setting. Recent Oil Tank Scan and Phase 1 Environmental completed. Measurements by Proper Measure buyer to verify if important. (id:63159)
Financing calculator
Estimate your monthly payment on the $759,000 asking price.
Financing details
- Monthly debt service
- $7,367
- Cash required at close
- $176,800
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Nanaimo)
- Population
- 99,863(+10.3% since 2016)
- Population density
- 1,104.1/km²
- Median household income
- $75,500
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 23.4%
- Postsecondary below bachelor's
- 32.6%
- High school diploma
- 30.5%
- No certificate/diploma
- 13.5%
Population aged 15 and over.
Commute
- Car, truck or van
- 86.8%
- Public transit
- 4.0%
- Walked
- 5.2%
- Bicycle
- 1.4%
- Other
- 2.6%
Commute duration
- Under 15 min
- 45.9%
- 15–29 min
- 36.0%
- 30–44 min
- 10.4%
- 45–59 min
- 3.0%
- 60+ min
- 4.7%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Pho V. Ta Vietnamese Restaurant18m
- Kim's Korean BBQ House · 1607 Bowen Road58m
- Beaufort Pizza & Pasta155m
- Wa-Ku Japanese Restaurant162m
- O'Falafel529m
Cafes (1)
- Drip Coffee Social · 1515 Dufferin Crescent599m
Grocery (2)
- Alpha African-Caribbean Food Store22m
- Sabzi Mandi Supermarket602m
Parks (5+)
- Pryde Avenue Park · 170 Pryde Avenue415m
- Unnamed532m
- Duggan Road Park601m
- Beaufort Park · 69 Lorne Place611m
- Gyro (Waddington) Park · 711 Waddington Road612m
Gyms (2)
- Harbour City Fitness and Tanning · 1451 Bowen Road260m
- CJ Martial Arts & Fitness · 1722 Bowen Road673m
Healthcare (5+)
- Grace Med Clinic539m
- Unnamed558m
- Nanaimo Kidney Care & Transplant Clinic579m
- Millstone Medical Specialists589m
- Vancouver Island Prosthetics620m
Nearby places data: © OpenStreetMap contributors.
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All in Nanaimo →Frequently asked questions
What is the asking price for this business?
The asking price is $759,000.
Where is this business located?
This listing is located in Nanaimo, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.