Office for Sale — Brechin Hill, Nanaimo, BC
$359,900
3 1200 Princess Royal Ave, Nanaimo, BC V9S3Z7
Property details
Structured details
- Ownership
- Condo/Strata
- Zoning
- COR2
- Annual property tax
- $0
- Structure type
- Offices
- Parcel ID (PID)
- 018-429-335
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Lot features
- Central location
Listing Information
- MLS®
- 1042946
- Listed
- August 14, 2026
- Time on market
- 31 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Rare Strata Office Investment opportunity in a prime location, priced SHARPLY at $359,900, this is your chance to start a business, buy and hold or secure a high-demand commercial property. This near 1200 sqft COR2 zoned strata office is on the upper level, has plenty of parking, excellent exposure, the sqft includes 5 office rooms, a copy room, reception and a half bath. Check with the city of Nanaimo for variety of uses. Some of the uses include Retail, Studio, Daycare, Hotel, Laundromat, Library, Social service retail Centre, Veterinary Clinic, Personal Care Facility, zoning information available. Close to Departure Bay ferry for back and forth access, Seaplanes, other shopping and easy highway accessibility. Currently leased, contact us for more information. All measurements are approximate and should be verified if important. (id:63159)
Financing calculator
Estimate your monthly payment on the $359,900 asking price.
Financing details
- Monthly debt service
- $3,493
- Cash required at close
- $96,980
- 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+)
- Pita Land Mideast Urban Kitchen · 1150 Terminal Avenue North83m
- Pizza Hut · 1150 Terminal Avenue North136m
- Nemo Sushi204m
- Manvirros Indian Grill · 1045 Terminal Avenue North216m
- Danpung Momiji 310 · 505 Terminal Avenue North716m
Cafes (1)
- Starbucks147m
Grocery (1)
- Bulk Barn · 1150 Terminal Avenue North170m
Parks (5+)
- Saint George Ravine Park · 980 Terminal Avenue North312m
- Barney Moriez Park · 450 Poplar Street375m
- Chinese Memorial Gardens Park · 105 Saint George Street499m
- Mansfield Park592m
- Townsite Triangle Park738m
Pharmacies (2)
- Medicine Shoppe Pharmacy · 1150 Terminal Avenue North83m
- Anchor Compounding Pharmacy741m
Banks & ATMs (3)
- Freedom 55 Financial64m
- BMO369m
- Instacoin ATM781m
Healthcare (3)
- Island Health - Nanaimo Community Dialysis Facility145m
- I Care Physical Wellness449m
- FYIdoctors757m
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 $359,900.
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.