3
Days on Market
Description
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.
Property Details
| Property Type | Commercial Sale |
| Property Sub Type | Unimproved Land |
| Listing ID | 1036107 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na South Nanaimo |
| Postal Code | V9R 4T5 |
| Property Taxes | $5,006.96 (2025) |
| Listed Date | May 7, 2026 |
| Ownership | Freehold |
| Lot Size | 0.40 acres |
Building Details
| Stories | -1 |
Additional Information
| View | Ocean view |
| Land Size | 17424 sqft |
| Transaction | For sale |