Office for Sale — Old City, Nanaimo, BC
$849,000
301 Franklyn St, Nanaimo, BC V9R2X5
Property details
Structured details
- Ownership
- Freehold
- Annual property tax
- $15,736.95
- Lot dimensions
- 3970
- Structure type
- Offices
- Parcel ID (PID)
- 002-704-986
- Heating
- Heat Pump, Baseboard heaters
- Cooling
- Fully air conditioned
- Lot features
- Central location, Corner Site, Other, Marine Oriented
Listing Information
- MLS®
- 1029746
- Listed
- April 4, 2026
- Time on market
- 163 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
This commercial character office building has fantastic curb appeal, & is located in the heart of the Old City, close to restaurants, shops & other professional services. Situated next door to the new city annex, across the street from city hall & within walking distance of Commercial Street & Wesley Street, this building is perfect for a lawyer, counselor, doctor, or any other professional office. Over 3000 sq. ft includ. approx. 10 office stations, a converted boardroom to office with private entry, kitchenette, 2 bathrooms, a reception area & plenty of storage, this space is move-in ready. This beautiful, landmark building has a fascinating history, & the street exposure allows owners to take full advantage of the impressive exterior character features & charming covered front deck. Additional highlights include: a new security system, forced air natural gas with heat pump, parking for approx. 6 vehicles & access to additional street parking. Call or email Stuart McKinnon with RE/MAX Generation to view this property 250-618-1646 or stuart@stuartmckinnon.net / Information Package available upon request. (All measurements are approximate & should be verified if important. Floor plans available) (id:63159)
Financing calculator
Estimate your monthly payment on the $849,000 asking price.
Financing details
- Monthly debt service
- $8,241
- Cash required at close
- $194,800
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
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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+)
- Delicado's · 238 Wesley Street93m
- Nanda Chicken134m
- Flavours of India · 486 Franklyn Street156m
- Asteras · 347 Wesley Street158m
- Diamond Indian Cuisene · 489 Wallace Street161m
Cafes (5+)
- The Vault Cafe · 499 Wallace Street176m
- Gabriel's Gourmet Cafe · 39 Commercial Street181m
- Serious Coffee · 60 Commercial Street203m
- Real Food Café · 321 Wesley Street205m
- White Rabbit Coffee Co · 321 Selby Street241m
Grocery (5+)
- ManLee Oriental · 385 Terminal Avenue117m
- The Green Store: Discount Organic · 256 Wallace Street259m
- Levant Foods · 56 Victoria Crescent287m
- Thrifty Foods · 650 Terminal Avenue467m
- Superette477m
Shopping (2)
- London Drugs · 650 Terminal Avenue430m
- Port Place Shopping Centre · 650 Terminal Avenue447m
Parks (5+)
- Lions Square Park · 280 Wallace Street234m
- Italian Square Park319m
- Piper Park345m
- Nob Hill Park · 400 Milford Crescent355m
- Pioneer Square Park367m
Gyms (4)
- Iyengar Yoga Nanaimo · 335 Wesley Street188m
- Kind Society Yoga404m
- Force Boxing & Fitness · 165 Fraser Street417m
- Dolly's Gym · 111 Nicol Street619m
Pharmacies (2)
- Central Drugs166m
- Wallace Pharmacy497m
Banks & ATMs (5+)
- Scotiabank · 65 Commercial Street178m
- Scotiabank · 65 Commercial Street194m
- Coastal Community Credit Union · 59 Wharf Street271m
- Royal Bank of Canada · 205 Commercial Street281m
- TD384m
Healthcare (5+)
- Wallace On Wesley Medical Clinic77m
- Harbour City Physiotherapy160m
- Anouk Sanchez Osteopathy175m
- Allius Services Inc.248m
- Unnamed263m
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 $849,000.
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.