This offering presents a rare opportunity to acquire two contiguous parcels totaling over 15,000 square feet in the heart of Downtown Nanaimo. Zoned DT5, the property supports a wide range of mixed-use and higher-density development options, including residential, retail, office, and institutional uses. The existing building provides approximately 3,092 square feet of improved space, featuring a main level with three washrooms, a lounge with custom bar and cabinetry, and a two-tier dining area, complemented by a basement with offices, storage, and utility space. Recent upgrades include a new roof, and the property boasts outdoor amenities such as a 408-square-foot front deck with pergola and a 304-square-foot side deck. The adjoining lot offers gravel parking or expansion potential, enhancing redevelopment flexibility. Located in a walkable, transit-connected downtown setting, the site is steps from the waterfront, cultural attractions, and key commercial corridors. This property is well-suited for investors or developers seeking to capitalize on Nanaimo’s growing urban core, with potential for adaptive reuse or ground-up redevelopment