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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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Data was last updated May 17, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$699,000
Min list price:
$46,900
Max list price:
$6,500,000
Avg days on market:
100
Min days on market:
1
Max days on market:
252
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.
Sandy Liu
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.