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Main Photo: 450 B Irwin St in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 996514
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
996514
Approved Development Opportunity10 residential+2 Commercial Units. Located in vibrant South Nanaimo,450 & 460 Irwin Street offer a rare and ready-to-go development opportunity.Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future.The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the floor plans are up to 1000 sq/ft.The innovative design ensures appropriate parking for residents and supports much-needed "missing middle" housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes.This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing.Measurements approximate to be verified
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na South Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6,204 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
Water supply:
To Lot
Sewer:
Sewer To Lot
Fireplace:
No
Pending Date:
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
CC2
Units in Building:
Units in Community:
Lot Site Features:
Central Location, Cleared, Corner Lot, Easy Access, Level, Marina Nearby, Recreation Nearby, Rectangular Lot, Southern Exposure, See Remarks
Total Parking Spaces:
0
Total Units:
Date Listed:
Apr 26, 2025
Original Price:
449000.0
  • Photo 1: 450 B Irwin St in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 996514
    Photo 1 of 1
Listed by RE/MAX of Nanaimo
Data was last updated April 28, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
100
Avg list price:
$1,012,500
Min list price:
$23
Max list price:
$24,517,000
Avg days on market:
97
Min days on market:
2
Max days on market:
585
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.