27 Commercial St

27 Commercial St · Nanaimo · Commercial Mix · $1,295,000 · MLS 1038091

Nanaimo, British Columbia
C$1,295,000
For sale
27 Commercial St

27 Commercial St is located in Nanaimo. Property snapshot: Commercial Mix, listed at $1,295,000, MLS 1038091. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 26. Latest recorded list price 1295000.00.

List Price: $1,295,000
MLS: 1038091
Days on Site: 26
Price History: Latest recorded list price 1295000.00

Local Decision Guide

How should buyers evaluate 27 Commercial St?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 27 Commercial St?

This page shows a list price of $1,295,000 with MLS 1038091.

What type of home is this Nanaimo listing?

The page shows Commercial Mix at 27 Commercial St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 26 days on market/site. Latest recorded list price 1295000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

GREAT FULLY LEASED building with around 4800 sqft (gross). Beautiful heritage building that has been well cared for and has 3 self contained lease units; HVAC serviced and sprinklered. The Main floor approximately 1,800 sqft, upper floor approximately 2400 sqft and the basement has around 600 sqft of storage area of additional storage space. Close to the new Port Theatre and library complex. There are two off-street parking spots at rear on Terminal Avenue side. (id:56153)

Property Details

Commercial Mix
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Status: active

Listing ID: 29802442 (1038091)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,295,000

PID: 000-529-842

Days on Site: 26 days

Added to Relistico: 2026-05-25

Updated on: 2026-05-25 03:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
ManLee Oriental
About 76.6 m away
385 Terminal Avenue
The Green Store: Discount Organic
About 292.7 m away
256 Wallace Street, Nanaimo
Shopping Centres
Port Place Shopping Centre
About 294.5 m away
650 Terminal Avenue
Old City Quarter
About 295.8 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Classic Search

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Last Updated: Mon, 25 May 2026 02:03:15 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Sutton Group-West Coast Realty (Nan)

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