This 2,500+ sq ft ocean-view home offers a rare blend of character, space, and future potential. Built in 1939, it features many original details that add warmth and charm, paired with practical upgrades like a ductless heat pump for efficient comfort. The main floor living area is anchored by a classic fireplace, while the lower level includes a woodstove, abundant storage, and an in-house workshop—ideal for hobbies, projects, or added functionality. With 3 bedrooms and 3 bathrooms, the layout provides flexibility or creative use of space. Centrally located and zoned COR2, this property presents exciting opportunities for redevelopment, mixed-use possibilities, or long-term value appreciation (buyer to do their own diligence), making it an excellent option for investors or first-time buyers looking to buildequity in a central location.
Address
736 Terminal Ave
List Price
$499,900
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Lot Size
8276.4 Sq. Ft.
Lot Size (Acres)
0.19 Ac.
MLS® Number
1042873
Listing Brokerage
460 Realty Inc. (NA)
Postal Code
V9S 4K2
Tax Amount
$3,268.00
Tax Year
2025
Features
Heat Pump, Mixed
Amenities
Central Location