All Victoria BC Commercial For Sale $500K-$600K
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1044119
- Photos (27)
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Cash flowing $2200/month, If you want to live/build in the best area of departure bay this is one of the best entrances tolive on a Clean 7200 sq ft lot surounded by mature established properties & set along theedge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with itsbeautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy yourretirement or develop a property in an attractive neighborhood this land can provide you with thecompetitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. Ifcombined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 unitsacross both lots. Utilizing the sewer right of way for site access/parking in a proposed development plan can quickly turn the typically viewed negative(right of way) into a nutrel/netpositive when looking to maximize your buildout. Single or multifamily development these sites areready for any of your future plans
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Departure Bay, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,230 sq. ft.
- Taxes:
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- Construction:
- Frame Wood
- Ceiling Heights:
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- Floor finish:
- Carpet, Laminate
- Total Building Area:
- 641 sq. ft.
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
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- Fencing: Partial
- Ocean
- 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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- Lot Site Features:
- Rectangular Lot, Serviced, Southern Exposure
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jul 20, 2026
- Original Price:
- 549900.0
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Expansive lot featuring significant landscaping potential, mature trees, and partial water scenery -
Aerial perspective of a neighborhood featuring multiple single-family homes with diverse architectural styles
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Coastal neighborhood featuring residential properties and tree-lined streets near a body of water
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Aerial perspective showcasing a residential neighborhood with diverse architectural styles, mature trees, and paved roads
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Coastal neighborhood with residential properties, mature trees, and direct access to a calm bay
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Aerial overview of a coastal neighborhood with residential properties, verdant trees, and a distant mountain range
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Waterfront community setting with expansive ocean views
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Image quality insufficient for description
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Aerial perspective showcasing a residential neighborhood with varied architectural styles and abundant natural tree cover
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Residential neighborhood featuring a grid of streets, individual homes with varying rooflines, mature trees, and surrounding natural landscapes
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Residential community with numerous single-family homes and mature landscaping, bordered by extensive natural wooded areas and a golf course
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Residential neighborhood with varied architectural styles and mature landscaping against a backdrop of forested hills
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Expansive property featuring abundant mature trees and surrounding green landscaping
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Expansive lot featuring mature trees and established perimeter hedging
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Residential neighborhood featuring mature trees and mountain scenery
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Aerial perspective showcasing a residential area with varied housing styles
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Aerial perspective showcasing a residential neighborhood with a mountainous backdrop
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Expansive residential area featuring a variety of architectural styles, mature trees, paved streets, and a distant mountain range
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Photo 19 of 27
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Expansive lot featuring mature trees and a sloped terrain
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Residential neighborhood featuring mature trees and established homes
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Established residential neighborhood with a variety of architectural styles, mature trees, and mountainous terrain in the background
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Aerial perspective showcasing a residential area with a prominent waterfront
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Residential neighborhood with established homes and mature trees
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Photo 25 of 27
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Photo 26 of 27
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Expansive lot featuring a primary structure with a red shingle roof
Listed by William Wright Commercial Real Estate Services
Data was last updated August 22, 2026 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 101
- Avg list price:
- $1,235,000
- Min list price:
- $46,900
- Max list price:
- $25,000,000
- Avg days on market:
- 87
- Min days on market:
- 2
- Max days on market:
- 620
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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