Address
447,449&455 Nicol St, Nanaimo, BC
Price
$ 1,250,000
Property Attributes
- MLS#1036107
- TypeCommercial
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa South Nanaimo
- Postal CodeV9R 4T5
- StyleUnimproved Land
- Taxes$ 5006
- Price$ 1,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.4 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description
For sale: 427, 449 & 455 Nicol Street, Nanaimo, B.C. (the "Subject Site") — a compelling opportunity to acquire a Development Permit-ready multifamily site in one of Nanaimo's most rapidly transforming neighbourhoods. The Subject Site comprises three contiguous lots totaling 17,692 SF (0.41 acres) with 160+ feet of frontage on Nicol Street. Zoned COR3 Community Corridor, the plans designed by Stantec Architecture for a 4-storey, 35-unit purpose-built rental building. The unit mix comprises 8 micro-studios, 15 one-bedroom units, and 12 two-bedroom units. The Subject Site is a five-minute drive to downtown Nanaimo, Port Place Mall, and the Harbourfront Walkway, and ten minutes to Vancouver Island University and BC Ferries terminals.
General Features
| View | Ocean |
|---|---|
| Property Subtype | Unimproved Land |
| Property Type | Commercial Sale |
| Commercial Area | Not Applicable |
| Commercial Listing Type | Land |
Exterior Features
| Lot Size Square Feet | 17424.00 |
|---|---|
| Lot Size Acres | 0.40 |
| View YN | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in V9R 4T5
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