Victoria BC Best Homes
451 Albert St
Na Old City
Nanaimo
V9R 2V9
$15 /sqft
Commercial Lease
built: 1954
- Status:
- For Lease
- Prop. Type:
- Commercial Lease
- MLS® Num:
- 1050481
- Year Built:
- 1954
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BIG SPACE. PRIME LOCATION. FLEXIBLE LEASING! An excellent opportunity to secure up to 7,600 sq. ft. of versatile commercial space at 451 Albert Street in a highly visible DT8-zoned location. The 3,800 sq. ft. main floor, currently operating as a hardware store, offers excellent storefront exposure at $15/sq. ft. The 3,800 sq. ft. upper floor is offered at $12/sq. ft. with convenient rear access and loading dock. Lease one floor or the entire building—ideal for a growing business needing space, accessibility and exposure. Features include rear paved parking, gas forced-air heating, multiple power meters and 3-phase power. Conveniently located short drive to BC Ferries, Hullo Ferry, seaplane and Helijet terminals. Bring your business and your vision! Tenants to complete their own due diligence.
- Property Type:
- Commercial Lease
- Type:
- Mixed Use
- Commercial Type:
- Building
- Year built:
- 1954 (Age: 72)
- Lease Type:
- See Remarks
- Additional Rent Per SqFt:
- 5.0
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 11,160 sq. ft.1,037 m2
- Taxes:
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- Building Features:
- High Traffic Area, Loading Bay(s), Parking
- Construction:
- Stucco
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Number of Storeys:
- 2
- Ceiling Heights:
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- Total Building Area:
- 7,600 sq. ft.706 m2
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Forced Air, Natural Gas
- Fireplace:
- No
- Pending Date:
- Signup
- Electric, Fixtures, Gas, Parking
- Fencing: Partial, Sign: Allowed
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Utilities:
- Electricity Connected, Natural Gas Connected, Phone Connected
- Lot Site Features:
- Easy Access
- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Sep 15, 2026
- Original Price:
- 15.0
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Listed by Real Broker
Data was last updated October 8, 2026 at 12:05 AM (UTC)
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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.
