The Nano 5 features include 6 analog inputs, 2 analog outputs, switches, LEDs, PWM outputs, interrupts, real-time clock, GPIO pins, timers, and communication interfaces. It uses an ADuC842 microcontroller with program memory, flash memory, and RAM. Interfaces include connections to a Raspberry Pi via UART, I2C, and power supply, an LCD display via I2C, an IR receiver, and a rotary encoder. The document provides details on the analog and digital pin functions, interfaces for external components like the IR receiver, rotary encoder, LCD, and Raspberry Pi, and examples of basic applications using the features.