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575 North Rd
Isl Gabriola Island Gabriola Island V0R 1X3

$20 /year
Commercial Lease

Gabriola Village Center
Photo 1: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 2: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 3: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 4: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 5: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 6: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 7: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 8: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 9: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 10: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 11: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 12: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Photo 13: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
1021128
Three spaces available for lease in the Village Center. Unit #8 is 1245 sq ft, formerly a restaurant and could be office space, retail or a restaurant/cafe. Rent is approx $2600/m. Unit #4 is an office space on the second floor above the liquor store. It is 437 sq ft, has a washroom and rent is approx $750/month. Unit #9 is currently Retail with 1899 sq ft on the main floor and a 1585 sq ft mezzanine. Rent is negotiable - lots of options here. TI allowances available to be negotiated with the rent amount. Folklife Village, also known as the Gabriola Village Center, is the cultural and retail hub on Gabriola Island. With a range of essential services, cultural experiences, and opportunities it is the most visited location on the island. Current tenants include: The Vancouver Island Library, Nesters Grocery Store, Island Pharmacy, The Wooden Hanger, NOVA Art & Craft Boutique, Village Liquor Store and others
Property Type:
Commercial Lease
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Lease Sqft Price/Annual
Additional Rent Per SqFt:
9.04
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Isl Gabriola Island, Islands
Bathrooms:
- (Full:-/Half:-)
Taxes:
Building Features:
Shopping Centre, Storage Room, Visual Exposure
Ceiling Heights:
Total Building Area:
5,166 sq. ft.
Commercial Area:
Subdivisable Area:
Yes
Subdivisable Area Max:
3,484 sq. ft.
Subdivisable Area Min:
437 sq. ft.
Fireplace:
No
Pending Date:
Leasehold Improvements
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Zoning:
VC1
Units in Building:
Units in Community:
Occupancy:
Partially Occupied
Parking Features:
On Site
Total Parking Spaces:
0
Road Surface Type:
Paved
Business Type:
Restaurant/Bar, Retail, Service
Total Units:
Date Listed:
Dec 01, 2025
Original Price:
20.0
  • Photo 1: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    Gabriola Village Center
  • Photo 2: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    Photo 2 of 13
  • Photo 3: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    Outside the Restaurant and Retail spaces
  • Photo 4: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    The Restaurant/Retail space
  • Photo 5: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    The Restaurant/Retail space
  • Photo 6: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    The Restaurant/Retail space
  • Photo 7: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    The office space
  • Photo 8: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    The office space
  • Photo 9: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    The office space
  • Photo 10: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    Photo 10 of 13
  • Photo 11: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    Unit 4
  • Photo 12: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    Unit 8
  • Photo 13: 575 North Rd in Gabriola Island: Isl Gabriola Island Mixed Use for lease (Islands)  : MLS®# 1021128
    Unit 9
Listed by REMAX Professionals (NA)
Data was last updated December 3, 2025 at 07:30 AM (UTC)
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.