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508 Wembley Rd
PQ Parksville Parksville V9P 2B2

$949,000
Commercial Sale built: 1962

Main Photo: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 1: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 2: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 3: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 4: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 5: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 6: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 7: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 8: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 9: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 10: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 11: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 12: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 13: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 14: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 15: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 16: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 17: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Photo 18: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1046926
Year Built:
1962
Rare opportunity to acquire a 0.57-acre commercially zoned property in the desirable Wembley area of the Regional District of Nanaimo, just minutes from Parksville, Highway 19, shopping, beaches, and everyday amenities. This unique property is zoned CRS1 and site-specific CRS1.7, permitting a broad range of commercial uses together with residential use, secondary suites, and shopping centre use, providing exceptional flexibility for investors, owner-operators, and future opportunities. Currently improved with two legal residential dwellings, the property offers excellent holding value while generating residential use. Situated within the Wembley Neighbourhood Centre designation, this is a rare opportunity to own a large commercially zoned property in one of the area's established mixed-use commercial corridors. Commercial properties with two legal homes are seldom available. A unique opportunity with excellent income, business, and redevelopment potential.
Property Type:
Commercial Sale
Type:
Other
Commercial Type:
Building
Year built:
1962 (Age: 64)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PQ Parksville, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.569 acre(s)
Taxes:
Ceiling Heights:
Total Building Area:
2,352 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:
Alberni Rural (769)
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Road Frontage Type:
Highway
Business Type:
Other
Total Units:
Date Listed:
Aug 13, 2026
Original Price:
949000.0
  • Photo 1: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
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  • Photo 2: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
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  • Photo 3: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
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  • Photo 4: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
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  • Photo 9: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
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  • Photo 10: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
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  • Photo 15: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
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  • Photo 16: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
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  • Photo 18: 508 Wembley Rd in Parksville: PQ Parksville Other for sale (Parksville/Qualicum)  : MLS®# 1046926
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Listed by Pemberton Holmes Ltd.
Data was last updated August 22, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$485,000
Min list price:
$49,000
Max list price:
$7,900,000
Avg days on market:
108
Min days on market:
9
Max days on market:
467
These statistics are generated based on the current listing's property type and located in PQ Parksville. Average values are derived using median calculations. This data is not produced by the MLS® system.

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Victoria BC is a picturesque coastal city located on Vancouver Island in British Columbia, Canada. The city boasts a mild climate, stunning natural beauty, and a rich history. The housing market in Victoria BC is highly competitive, with a range of properties available to suit all budgets and preferences. From charming heritage homes to modern condominiums, there is something for everyone. The city's most sought-after neighborhoods include Oak Bay, Uplands, and Fairfield, all known for their beautiful homes and prime locations. Whether you're a first-time homebuyer or looking for a vacation property, Victoria BC offers an excellent selection of houses to choose from. With its thriving economy, vibrant culture, and unbeatable lifestyle, Victoria BC is an ideal place to call home.
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.