447,449&455 Nicol St Nanaimo, British Columbia V9R 4T5

$1,250,000

For sale: 427, 449 & 455 Nicol Street, Nanaimo, B.C. (the ''Subject Site'') — a compelling opportunity to acquire a Development Permit-ready multifamily site in one of Nanaimo's most rapidly transforming neighbourhoods. The Subject Site comprises three contiguous lots totaling 17,692 SF (0.41 acres) with 160+ feet of frontage on Nicol Street. Zoned COR3 Community Corridor, the plans designed by Stantec Architecture for a 4-storey, 35-unit purpose-built rental building. The unit mix comprises 8 micro-studios, 15 one-bedroom units, and 12 two-bedroom units. The Subject Site is a five-minute drive to downtown Nanaimo, Port Place Mall, and the Harbourfront Walkway, and ten minutes to Vancouver Island University and BC Ferries terminals. (id:57571)

Property Details

MLS® Number 1036107
Property Type Vacant Land
Neigbourhood South Nanaimo
Plan Vip4377
View Type Ocean View

Building

Land

Acreage No
Size Irregular 17424
Size Total 17424 Sqft
Size Total Text 17424 Sqft
Zoning Type Unknown

https://www.realtor.ca/real-estate/29719953/447449455-nicol-st-nanaimo-south-nanaimo