Property Description

Located on the high-profile corner of Cavan Street and Albert Street, this ±6,549 SF standalone building provides a rare opportunity to secure a central, highly visible location with immediate usability and long-term upside. The existing improvements include a functional mix of private offices, open work areas, meeting rooms, and reception —well suited for professional firms, medical or wellness users, education providers, and customer-facing businesses. Zoned DT9 (Old City Central), the property supports a broad range of permitted uses including: Office and professional use, retail, personal and medical service, community services, daycare, educational facilities, among many others. Originally constructed in 1949 by the Provincial Government, the building showcases distinctive Streamline Moderne architecture and carries heritage designation—offering a unique combination of character, presence, and long-term positioning within Nanaimo’s revitalizing downtown core. Key Highlights: - Vacant possession. - ±6,549 SF building on ±7,007 SF lot - Prominent corner exposure with strong street presence - Functional improvements suitable for immediate use - Broad DT9 zoning supporting multiple business types - Walkable downtown location near waterfront and transit This is a rare opportunity to secure a standalone downtown building that not only accommodates your business today, but adapts with it into the future. (id:7434)