447 Nicol Street, Nanaimo, BC, V9R 4T5

Property Details: - Type: Unimproved Land - Bedrooms: 0 - Bathrooms: 0 - MLS#: 1036107 Listed By: SOTHEBY'S INTERNATIONAL REALTY CANADA (VIC2)

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. This unimproved land home located at 447 Nicol Street, Nanaimo is currently for sale and has been available on Zolo.ca for 4 days. This property is listed at $1,250,000 with an estimated mortgage of $4,601* per month. It has beds and bathrooms. 447 Nicol Street, Nanaimo is in the South Nanaimo neighborhood Nanaimo.