Vancouver Island Homes for Sale

Forgot password Extend Verify Contact

#119 1 Commercial St
Na Old City Nanaimo V9R 5J8

$36 /sqft
Commercial Lease

Main Photo: #119 1 Commercial St Nanaimo BC
Photo 1: #119 1 Commercial St Nanaimo BC
Photo 2: #119 1 Commercial St Nanaimo BC
Photo 3: #119 1 Commercial St Nanaimo BC
Photo 4: #119 1 Commercial St Nanaimo BC
Photo 5: #119 1 Commercial St Nanaimo BC
Photo 6: #119 1 Commercial St Nanaimo BC
Photo 7: #119 1 Commercial St Nanaimo BC
Photo 8: #119 1 Commercial St Nanaimo BC
Photo 9: #119 1 Commercial St Nanaimo BC
Photo 10: #119 1 Commercial St Nanaimo BC
Photo 11: #119 1 Commercial St Nanaimo BC
Photo 12: #119 1 Commercial St Nanaimo BC
Photo 13: #119 1 Commercial St Nanaimo BC
Photo 14: #119 1 Commercial St Nanaimo BC
Photo 15: #119 1 Commercial St Nanaimo BC
Photo 16: #119 1 Commercial St Nanaimo BC
Photo 17: #119 1 Commercial St Nanaimo BC
Photo 18: #119 1 Commercial St Nanaimo BC
Photo 19: #119 1 Commercial St Nanaimo BC
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
1039477
EXCLUSIVE PATIO, FLAGSHIP LOCATION, TURNKEY POTENTIAL William Wright Commercial is pleased to present the opportunity to secure the anchor restaurant space at SOUNDWØRKS, the exciting redevelopment of Nanaimo's iconic former A&B Sound building. Featuring a large exclusive patio and prominent street-front presence, this space is ideal for a restaurant, brewery, café, or food-focused operator seeking a destination location in Downtown Nanaimo. SOUNDWØRKS is being curated with a complementary mix of retail, food, and service-based businesses, creating a vibrant marketplace environment. The property benefits from strong year-round foot traffic, the popular Commercial Street Night Market, growing cruise ship tourism, and over 300 new residential units planned nearby. With turnkey development potential and a prime location steps from the waterfront and Old City Quarter, this is a rare opportunity to establish a flagship dining destination in one of Nanaimo's growing downtown.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Lease Type:
Lease Sqft Price/Annual
Additional Rent Per SqFt:
16.5
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
1,612 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
DT1
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Jun 04, 2026
Original Price:
36.0
  • Photo 1: #119 1 Commercial St Nanaimo BC
    Photo 1 of 19
  • Photo 2: #119 1 Commercial St Nanaimo BC
    Photo 2 of 19
  • Photo 3: #119 1 Commercial St Nanaimo BC
    Photo 3 of 19
  • Photo 4: #119 1 Commercial St Nanaimo BC
    Photo 4 of 19
  • Photo 5: #119 1 Commercial St Nanaimo BC
    Photo 5 of 19
  • Photo 6: #119 1 Commercial St Nanaimo BC
    Photo 6 of 19
  • Photo 7: #119 1 Commercial St Nanaimo BC
    Photo 7 of 19
  • Photo 8: #119 1 Commercial St Nanaimo BC
    Photo 8 of 19
  • Photo 9: #119 1 Commercial St Nanaimo BC
    Photo 9 of 19
  • Photo 10: #119 1 Commercial St Nanaimo BC
    Photo 10 of 19
  • Photo 11: #119 1 Commercial St Nanaimo BC
    Photo 11 of 19
  • Photo 12: #119 1 Commercial St Nanaimo BC
    Photo 12 of 19
  • Photo 13: #119 1 Commercial St Nanaimo BC
    Photo 13 of 19
  • Photo 14: #119 1 Commercial St Nanaimo BC
    Photo 14 of 19
  • Photo 15: #119 1 Commercial St Nanaimo BC
    Photo 15 of 19
  • Photo 16: #119 1 Commercial St Nanaimo BC
    Photo 16 of 19
  • Photo 17: #119 1 Commercial St Nanaimo BC
    Photo 17 of 19
  • Photo 18: #119 1 Commercial St Nanaimo BC
    Photo 18 of 19
  • Photo 19: #119 1 Commercial St Nanaimo BC
    Photo 19 of 19
Listed by William Wright Commercial Real Estate Services
Data was last updated October 15, 2026 at 02:05 AM (UTC)
TICARA COERTZE
STEVE GILLESPIE
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.