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123 Commercial St #1, Nanaimo, BC V9R 5G5, CAN|Downtown Nanaimo

Tour 123 Commercial St #1

Contact

Unit C-123 Commercial Street - 1

Nest Property Management and Real Estate Services Ltd.

(236) 888-8228

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Applicants

One-time.

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REQUIRED FEES

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One-time. Refundable.

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About 123 Commercial St #1

HomeApartments in NanaimoDowntown Nanaimo 123 Commercial St #1, Nanaimo, BC V9R 5G5, CAN

Property Type: Retail Size: 1,104 sqft Price: $25 plus NNN This retail unit is located at 123 Commercial Street, right in the core commercial area of Nanaimo, offering an excellent balance of established business activity and future growth potential. The location benefits from strong daily foot traffic, convenient access to major roads, and nearby public transit, making it highly visible and easy for customers to reach. The interior features a functional layout, including a private washroom and a small storage room. The flexible floor plan allows for various retail or service-oriented business uses. Surrounded by Nanaimo's downtown commercial district, the waterfront promenade, Piper Park, and numerous dining and entertainment venues, the area attracts a diverse customer base of local residents, office workers, and visitors. Essential amenities such as supermarkets, banks, and shopping facilities are all within walking distance, providing consistent consumer traffic. If you are interested, please contact us to schedule a viewing or for further inquiries.


Address details

NeighborhoodDowntown Nanaimo
Post codeV9R 5G5
TypeApartment for rent

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Rent trends in Downtown Nanaimo

studio apartments at 123 Commercial St #1 cost about 44% more than the average rent price for studio apartments in Nanaimo.

Median rents as of May 30 2026.
Downtown Nanaimo
Nanaimo
A table of studio rental data trends in Nanaimo
MonthMedian Rent
June 2024$1,608
July 2024$1,627
August 2024$1,690
September 2024$1,845
October 2024$1,851
November 2024$1,885
December 2024$1,610
January 2025$1,620
February 2025$1,601
March 2025$1,552
April 2025$1,496
May 2025$1,481
June 2025$1,530
July 2025$1,562
August 2025$1,945
September 2025$1,945
October 2025$1,937
November 2025$1,905
December 2025$1,840
January 2026$1,895
February 2026$1,880
March 2026$1,895
April 2026$1,725
May 2026$1,689
A table of studio rental data trends in Downtown Nanaimo
MonthMedian Rent
March 2025$1,399
April 2025$1,399
April 2026$1,500
May 2026$1,536

Affordability calculator

Can I afford to live at 123 Commercial St #1?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$92,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this studio monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 123 Commercial St, Nanaimo, BC.
Last month$2,300Studio0 bath
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Internet available near 123 Commercial St #1

Getting around Nanaimo near 123 Commercial St #1

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 123 Commercial St #1, Nanaimo

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

2/10
At least one high school within a 30-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

6/10
Some bars within a few minutes’ walk

Explore the area around 123 Commercial St #1

Thrifty Foods
650 Terminal Ave
Superette Foods
687 Albert St
Nicol General Store
199 Nicol St
College Grocery
Quality Foods
530 Fifth St

Other units at this address

123 Commercial St Nanaimo, BC

Occupied

C

Studio

– Baths

$2,300

Listed by C00009-Unit C-123 Commercial St - C
Days on market: 102
Property Type: Retail Size: 1,104 sqft Price: $25 plus NNN This retail unit is located at 123 Commercial Street, right in the core commercial area of Nanaimo, offering an excellent balance of established business activity and future growth potential. The location benefits from strong daily foot traffic, convenient access to major roads, and nearby public transit, making it highly visible and easy for customers to reach. The interior features a functional layout, including a private washroom and a small storage room. The flexible floor plan allows for various retail or service-oriented business uses. Surrounded by Nanaimo's downtown commercial district, the waterfront promenade, Piper Park, and numerous dining and entertainment venues, the area attracts a diverse customer base of local residents, office workers, and visitors. Essential amenities such as supermarkets, banks, and shopping facilities are all within walking distance, providing consistent consumer traffic. If you are interested, please contact us to schedule a viewing or for further inquiries.

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