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! Also under mls 981574
Address
311 Wallace St
List Price
$895,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Nanaimo
Sub-Area
Na Old City
Lot Size
16770 Sq. Ft.
Lot Size (Acres)
0.38 Ac.
MLS® Number
981570
Listing Brokerage
Sutton Group-West Coast Realty (Nan)
Postal Code
V9R 5A8
Tax Amount
$23,025.00
Tax Year
2024