- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1021408
- Photos (3)
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Sold at land value only. Large 9,585 square foot lot with southern exposure, overlooking the City Centre. The land is ready for redevelopment for an impressive single-family home or can be developed for multifamily use under the existing zoning. The immediate area is being renewed with larger, modern residential development. Lot area is 67.5 sq ft by 142 sq ft.
The adjacent lot at 550 Pythian Lane is also available for purchase. The two lots are matching in area, rectangular shape, and access, with each providing 9,585 square feet of development land (total of 19,170 square feet).
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Central Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 9,585 sq. ft.
- Lot Details:
- 67.5 ft X 142 ft
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Central Location, Cleared, Cul-De-Sac, Level, Rectangular Lot, Serviced, Southern Exposure
- Parking Features:
- On Site
- Total Parking Spaces:
- 3
- Road Frontage Type:
- Lane
- Road Surface Type:
- Paved
- Total Units:
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- Date Listed:
- Nov 26, 2025
- Original Price:
- 532000.0
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Photo 3 of 3
Listed by NAI Commercial (Victoria) Inc.
Data was last updated July 8, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $1,039,500
- Min list price:
- $325,000
- Max list price:
- $5,999,900
- Avg days on market:
- 123
- Min days on market:
- 14
- Max days on market:
- 224
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- DEANA BAUMEL PREC
- RE/MAX PROFESSIONALS
- 250-619-1220
- Deana@NanaimoPropertyGroup.ca
- MICHAEL PETERSON PREC
- RE/MAX PROFESSIONALS
- 250-756-7653
- Michael@NanaimoPropertyGroup.ca