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505 N Terminal Ave
Na Central Nanaimo Nanaimo V9S 4K1

$5,149,000
Commercial Sale

Main Photo: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
Photo 1: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
Photo 2: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
Photo 3: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
Photo 4: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
Photo 5: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
Status:
Sold
Prop. Type:
Commercial Sale
MLS® Num:
981270
Sold Date:
Apr 30, 2025
PRIME INVESTMENT OPPORTUNITY: Presenting a unique opportunity to acquire the well-established Port-O-Call Inn & Suites, a recently renovated 42-unit motel located in the heart of Nanaimo, British Columbia. This property offers a prime location just minutes from key local attractions, including the Departure Bay Ferry Terminal, Newcastle Island Marine Provincial Park, downtown Nanaimo and Vancouver Island University make this a highly desirable location for tourists and business travelers alike. PROPERTY HIGHLIGHTS: The motel boasts 42 newly renovated guest rooms, including 18 fully-equipped kitchenette suites, a spacious 2-bedroom manager’s suite, a leased onsite Japanese restaurant for additional income stream, and the property is in excellent condition following recent upgrades. This is a rare opportunity to invest in a thriving business in one of British Columbia's most sought-after communities. Don't miss out on owning a piece of Nanaimo's hospitality market!
Price:
$5,149,000
Property Type:
Commercial Sale
MLS® Num:
981270
Status:
Sold
  • Photo 1: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
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  • Photo 2: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
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  • Photo 3: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
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  • Photo 4: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
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  • Photo 5: 505 N Terminal Ave in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 981270
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Listed by 460 Realty Inc. (NA), sold on April, 2025
Data was last updated April 18, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$775,000
Min list price:
$46,900
Max list price:
$5,999,900
Avg days on market:
73
Min days on market:
9
Max days on market:
558
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
Sandy Liu

WHAT PEOPLE ARE SAYING

“I have had the privilege to work with several of the Realtors at 460 Realty. Every one of them demonstrated a good understanding of the market and always worked for their clients best interests. Certainly top shelf.”

Gary Bowen via Google Reviews

“Robyn was extremely helpful when it came to guiding us through the process of being homeowners for the very first time! She was professional, friendly, trustworthy and kind.”

Client review via Robyn Hewer, 460 Agent

“Angela West helped me purchase my first condo. She was a dream to work with and I would highly recommend and use her again in the future when I purchase my first house :)”

Emily Becker via GoogleReviews

“Gerry from 460 was able to find us our first home. He was responsive, accommodating, and went above and beyond with helping us. We really appreciated that he would give us his genuine opinion about a property. Can't wait to work with him again!”

Dylan Moore via Google Reviews

“Our family has bought sold 5 plus homes with Phil Gonyer of the 460 Team, in the past two years. He's hard working, always on time, diligent, funny and professional. He represents the profession well. He works hard for you. Can't ask for more. I also went to school with both Arlene and Randy Forbes and feel confident we are well represented.”

Jules Jamieson via Google Reviews

“Yes! Choose Brooke. I'm not an ideal buyer. I'm impatient, difficult, busy, self over educated, to the point, and challenging at the best of times. Brooke dealt with all of that in such amazing manner. I've had the good fortune of being in a place where I buy a new house every 2 years, so I've had a lot of agents. They have all been good, with no bad eggs. But Brooke is great! She took...

Kris Hay via Facebook Reviews

I absolutely love the vibrant atmosphere at 460 Realty! The office always has a great energy—there’s always someone with a kind word or a good laugh to share. The Realtors and staff are not only incredibly helpful and professional, but they also create such a warm, welcoming environment.

I initially joined the brokerage because I knew a few Realtors, but since then, it’s grown into...

Tammy Galvin, Real Estate Agent at 460 Realty

"When our family decided to make the move from the mainland to the Island, we ended up speaking with several island-based realtors. All were very friendly, knowledgeable and helpful, but Feron Walker at 460 Realty really stood out. She first took the time to get to know our family and identify our priorities and wish-lists for a new home. She genuinely cared about us, and made sure we all had a chance...

Steve Sakamoto via Google Reviews

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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.