447,449&455 Nicol St, Nanaimo, BC V9R 4T5
- $1,250,000
Courtesy of Sotheby's International Realty Canada (Vic2)
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS®
- 1036107
- Property Type
- Commercial
- Acres
- 0.40
- Lot Size
- 17,424
- District
- Nanaimo
- Neighbourhood
- Na South Nanaimo
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.
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Additional Information
- Taxes
- $5,006
- Rentals Allowed
- Unrestricted
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