Mulit-Family Site
447, 449 & 455 Nicol Street, Nanaimo, BC
- 0.40 ac Land
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- Mulit-Family Site
Key Facts
- MLS® #: 1036107
- Property ID: SIRC3317877
- Property Type: Commercial, Other (Commercial)
- Lot Size¹: 0.40 ac
- Listed By:
- Brian Danyliw, Adam Sandhu
Property Description
For sale: 427, 449 and 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 square feet (0.41 acres) with 160+ feet of frontage on Nicol Street. Zoned COR3 Community Corridor, the plans designed by Stantec Architecture for a four 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.
Amenities
- Boating
- Cycling
- Fishing
- Hiking
- Ocean / Beach
- Scenic
Listing Agents
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Location
447, 449 & 455 Nicol Street, Nanaimo, British Columbia, V9R 4T5 Canada
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Marketed By
Sotheby’s International Realty Canada
752 Douglas Street
Victoria, British Columbia, V8W 3M6
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MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board.¹Square footage refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.