17,424 sqft
Lot
About This Property
This vacant land in Nanaimo offers a 17,424 sqft lot. The property has lot dimensions of 17424, zoned Unknown.
MLS Remarks
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:60351)
Generated Content
draftFor sale at 427, 449 & 455 Nicol Street in Nanaimo, British Columbia, a unique opportunity presents itself with the Development Permit-ready multifamily site known as the Subject Site. Comprising three contiguous lots totaling 17,692 square feet (0.41 acres) on Nicol Street, this property offers an impressive 160+ feet of frontage. Zoned COR3 Community Corridor, the current plans designed by Stantec Architecture propose a 4-storey building featuring 35 purpose-built rental units. The unit mix includes eight micro-studios, fifteen one-bedroom units, and twelve two-bedroom units. Strategically located in one of Nanaimo’s most rapidly transforming neighbourhoods, the Subject Site is just five minutes from downtown Nanaimo, Port Place Mall, and the Harbourfront Walkway. It is also within a ten-minute drive to Vancouver Island University and BC Ferries terminals, making it highly accessible for both residential and commercial ventures.
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