Best Beachfront Homes For Fale Victoria BC
450 B Irwin St
Na South Nanaimo
Nanaimo
V9R 4X2
$449,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 996514
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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:
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- Existing Lease Expiry:
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- Listing General Location:
- Na South Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 6,204 sq. ft.576 m2
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- To Lot
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
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- Mountain(s), 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:
- Central Location, Cleared, Corner Lot, Easy Access, Level, Marina Nearby, Recreation Nearby, Rectangular Lot, Southern Exposure, See Remarks
- Total Parking Spaces:
- 0
- Total Units:
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- Date Listed:
- Apr 26, 2025
- Original Price:
- 449000.0
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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.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.