3 Days Ago
Location
123 Commercial St #C, Nanaimo, BC V9R 5G5, CAN|Downtown Nanaimo
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Contact
firstar.managebuilding.com
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About 123 Commercial St #C
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
| Neighborhood | Downtown Nanaimo |
|---|---|
| Post code | V9R 5G5 |
| Type | Apartment for rent |
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Rent trends in Downtown Nanaimo
studio apartments at 123 Commercial St #C cost about 64% more than the average rent price for studio apartments in Nanaimo.
Median rents as of Feb 21 2026.
Downtown Nanaimo
Nanaimo
| Month | Median Rent |
|---|---|
| March 2024 | $1,552 |
| April 2024 | $1,599 |
| May 2024 | $1,620 |
| June 2024 | $1,613 |
| 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 | $1,885 |
| Month | Median Rent |
|---|---|
| March 2025 | $1,399 |
| April 2025 | $1,399 |
Affordability calculator
Can I afford to live at 123 Commercial St #C?
Bedrooms
StudioRent-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.
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Internet available near 123 Commercial St #C
Getting around Nanaimo near 123 Commercial St #C
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 #C, 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 #C
Thrifty Foods
650 Terminal Ave
Nicol General Store
199 Nicol St
College Grocery
Quality Foods
530 Fifth St
Townsite Grocery
625A Townsite Rd
Archer & Arrow Boutique Ltd
60 Commercial St
Quintessential Accessories
70 Commercial St
Fitz Avenue Night & Day
27 Commercial St
Guava Apparel Inc
13 Commercial St
Funk Revival
87 Commercial St
The Vault Cafe
499 Wallace St
Starbucks
650 Terminal Ave
Perkins Coffee Co
234 Commercial St
Javawocky Coffee House
90 Front St
Tim Hortons
15 Wallace St
Great Canadian Casinos Inc
620 Terminal Ave
Palace Hotel
275 Skinner St
Queens Hotel
34 Victoria Cres
Old City Station Pub
150 Skinner St
Lighthouse Bistro
50 Anchor Way
Reds Bakery Inc
101 Commercial St
Charlie Brown's
650 Terminal Ave
Wee Cupcakery
407 Fitzwilliam St
Healthy Baking Ideas
Charlie Brown's Health Foods
1533 Estevan Rd
Piper Park
Italian Square Park
Bastion Square Park
McGregor Park
Pioneer Square Park
Archer & Arrow Boutique Ltd
60 Commercial St
Purdys Chocolatier
326 Island Hwy
Mon Petit Choux
101 Commercial St
Sukkhothai
123 Commercial St
Mambo Gourmet Pizza
16 Victoria Cres
Front St. / Museum Way
VIU Express, Ferry Shuttle
Victoria / Albert
Fairview, VIU Express, Harewood, Ferry Shuttle
Front / Museum
Hammond Bay, NRGH, Downtown / Country Club, Downtown / Woodgrove
Victoria / Albert
NRGH, Downtown / Country Club, Hammond Bay, Harewood, Fairview, Downtown / Woodgrove
Bastion / Skinner
VIU Express
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