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535 Nicol St 0.61 Acres of Commercial Land Offered at $2,600,000 CAD in Nanaimo, BC V9R 4T5
Investment Highlights
- Located in the city of Nanaimo, the fastest growing metropolitan area on Vancouver Island.
- A highly walkable location with all essential amenities, services, and transit within walking distance.
- Nearby amenities and services include the Port Place Mall, University Village Mall, Bayview Elementary School, and Vancouver Island University.
- Waterfront views of the Nanaimo harbour.
Executive Summary
Colliers is pleased to present 535 Nicol Street (the “Property”) a 26,397 SF multifamily development site with frontage along the Trans-Canada Highway and Needham Street. The Property is perfectly situated, being steps from the waterfront, and in close proximity to downtown Nanaimo, and the University Village Mall, and their numerous amenities and services.
Property Facts
| Price | $2,600,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.61 AC |
| Zoning | COR1 - Residential Corridor | ||
| Price | $2,600,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.61 AC |
| Zoning | COR1 - Residential Corridor |
1 Lot Available
Lot
| Price | $2,600,000 CAD | Lot Size | 0.61 AC |
| Price Per AC | $4,290,485.68 CAD |
| Price | $2,600,000 CAD |
| Price Per AC | $4,290,485.68 CAD |
| Lot Size | 0.61 AC |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
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535 Nicol St
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