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Keith Watson, REALTOR®, Victoria, BC

$1,650,000

25 Cavan St
MLS® NO: 1050045

Description

Located on the high-profile corner of Cavan Street and Albert Street, this ±6,549 SF standalone building provides a rare opportunity to secure a central, highly visible location with immediate usability and long-term upside. The existing improvements include a functional mix of private offices, open work areas, meeting rooms, and reception —well suited for professional firms, medical or wellness users, education providers, and customer-facing businesses. Zoned DT9 (Old City Central), the property supports a broad range of permitted uses including: Office and professional use, retail, personal and medical service, community services, daycare, educational facilities, among many others. Originally constructed in 1949 by the Provincial Government, the building showcases distinctive Streamline Moderne architecture and carries heritage designation—offering a unique combination of character, presence, and long-term positioning within Nanaimo’s revitalizing downtown core.

General

Property Type:Office
Taxes:$23,793
Tax Year:2026

Site Influences

Lot SqFt: 7,007
Acres: 0.16

Property Details

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This is only a guide. Please verify this information with your mortgage specialist.
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Listed with:

John MacDonaldRE/MAX Camosun
Phone: 604-751-0819
Fax: 250-744-3904