All Victoria BC Commercial For Sale $600K-$700K
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1002548
- Photos (7)
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Prime development opportunity in waterfront downtown Nanaimo! This 11,394 sq ft lot zoned DT-5 allows for high - density multi story residential with compatible commercial uses. Enjoy stunning ocean views and picturesque vistas of Maffeo Sutton Park, with direct access to parks and the seawall, steps from vibrant downtown amenities. The seller has completed a survey and provides a detailed proposal for a 6 storey, 21 unit condominium with underground parking, designed to maximize ocean views and integrate with the urban landscape ( for buyers reference only )
Priced to sell, this is a rare chance for developers to create a landmark project in Nanaimo's coveted waterfront downtown area. Price plus tax.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Land
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 11,326 sq. ft.
- Taxes:
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- Pending Date:
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- 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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- Lot Site Features:
- Central Location, Cleared, Easy Access, Recreation Nearby, Shopping Nearby
- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Jun 05, 2025
- Original Price:
- 680000.0
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Listed by eXp Realty (NA)
Data was last updated June 16, 2025 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 35
- Avg list price:
- $1,025,000
- Min list price:
- $59,500
- Max list price:
- $4,290,000
- Avg days on market:
- 76
- Min days on market:
- 4
- Max days on market:
- 418
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email