MLS® 1001440

Office for Sale — Old City, Nanaimo, BC

$16

489 Wallace St, Nanaimo, BC V9R5B7

96
Walk Score
58
Transit
49
Bike
Walk Score® by Redfin
For Lease
2,858 square feet
Building area
96
Walk Score
58
Transit
49
Bike
Walk Score® by Redfin

Property details

Structured details

Structure type
Offices
Heating
Electric

Listing Information

MLS®
1001440
Listed
May 28, 2025
Time on market
474 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Spacious office space for lease consisting of 9 individual offices, large reception area, separate common area, boardroom, storage room and a kitchen area with kitchen sink, cabinets and fridge area. Two of the offices have electric doors for wheelchair accessibility. The interior of this space captivates the downtown history with original brick walls and character windows. Four washrooms are located on the floor for use. 2858 sq ft. Landlord willing to rent offices individually. (id:63159)

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

English85.5%
Mandarin1.6%
French1.2%
Punjabi (Panjabi)1.2%
German0.9%
Tagalog (Pilipino, Filipino)0.7%
Spanish0.6%
Vietnamese0.5%
Korean0.5%
Arabic0.5%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Nanda Chicken20m
  • Diamond Indian Cuisene · 489 Wallace Street52m
  • Nana Sushi · 14 Victoria Crescent103m
  • Bastion Pizza Company · 16 Victoria Crescent109m
  • Thai Cook · 22 Victoria Crescent126m

Cafes (5+)

  • The Vault Cafe · 499 Wallace Street71m
  • Gabriel's Gourmet Cafe · 39 Commercial Street114m
  • Serious Coffee · 60 Commercial Street120m
  • Starbucks · 650 Terminal Avenue275m
  • Ironworks Café & Crêperie · 200 Commercial Street295m

Grocery (5+)

  • ManLee Oriental · 385 Terminal Avenue103m
  • Levant Foods · 56 Victoria Crescent177m
  • The Green Store: Discount Organic · 256 Wallace Street323m
  • Thrifty Foods · 650 Terminal Avenue355m
  • Superette514m

Shopping (2)

  • London Drugs · 650 Terminal Avenue316m
  • Port Place Shopping Centre · 650 Terminal Avenue334m

Parks (5+)

  • Italian Square Park205m
  • Piper Park247m
  • Pioneer Square Park267m
  • Lions Square Park · 280 Wallace Street297m
  • Nob Hill Park · 400 Milford Crescent315m

Gyms (4)

  • Iyengar Yoga Nanaimo · 335 Wesley Street299m
  • Kind Society Yoga348m
  • Force Boxing & Fitness · 165 Fraser Street465m
  • Dolly's Gym · 111 Nicol Street554m

Pharmacies (2)

  • Central Drugs142m
  • Wallace Pharmacy552m

Banks & ATMs (5+)

  • Scotiabank · 65 Commercial Street132m
  • Scotiabank · 65 Commercial Street136m
  • Coastal Community Credit Union · 59 Wharf Street210m
  • Royal Bank of Canada · 205 Commercial Street269m
  • TD271m

Healthcare (5+)

  • Wallace On Wesley Medical Clinic191m
  • Harbour City Physiotherapy228m
  • Anouk Sanchez Osteopathy289m
  • Island Oral Facial & Implant Surgery293m
  • The Medical Arts Urgent & Primary Care Centre · 650 Terminal Avenue293m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for lease in Nanaimo

Frequently asked questions

What is the asking price for this business?

This listing is available for lease at $16.

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.