OLD CITY - DOWNTOWN LISTINGS
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 981570
- Photos (4)
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Prime Multifamily Development Opportunity in Nanaimo!
Discover the potential of this expansive 16,000+ SF multifamily-zoned property, ideally located in the heart of vibrant Nanaimo. Fully serviced and ready for your vision, this property is perfect for investors and developers seeking a prime site for townhomes, apartments, or a mixed-use project (subject to city approvals).
Enjoy the convenience of nearby amenities, schools, and public transit, making this an attractive location for future residents. With zoning in place and a fantastic price point, this is a rare opportunity to secure a development-ready parcel in one of Nanaimo's growing neighborhoods.
Don’t miss out—this is your chance to bring a transformative project to life in a city with a strong rental demand and an expanding population.
Act fast—contact us today for details! Picture to follow Also under MLS 981574
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 16,770 sq. ft.
- Taxes:
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- Building Features:
- Shopping Nearby, Transit Nearby, See Remarks
- Ceiling Heights:
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- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Other
- 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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- Parking Features:
- On Site
- Total Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Dec 02, 2024
- Original Price:
- 895000.0
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated May 31, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 34
- Avg list price:
- $872,500
- Min list price:
- $59,500
- Max list price:
- $3,750,000
- Avg days on market:
- 77
- Min days on market:
- 4
- Max days on market:
- 402
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- DEANA BAUMEL PREC
- RE/MAX OF NANAIMO
- 250-619-1220
- Deana@NanaimoPropertyGroup.ca
- MICHAEL PETERSON PREC
- RE/MAX OF NANAIMO
- 250-756-7653
- Michael@NanaimoPropertyGroup.ca