$895,000 FOR SALE

Land

311 Wallace St
Nanaimo, BC V9R 5B5 | Old City

Prime Multifamily Development Opportunity in Nanaimo! Discover the potential of this expansive 16,000+ SF multifamily-zoned property, ideally located in the heart of vibrant Nanaimo. Fully serviced and ready for your vision, this property is perfect for investors and developers seeking a prime site for townhomes, apartments, or a mixed-use project (subject to city approvals). Enjoy the convenience of nearby amenities, schools, and public transit, making this an attractive location for future residents. With zoning in place and a fantastic price point, this is a rare opportunity to secure a development-ready parcel in one of Nanaimo's growing neighborhoods. Don’t miss out—this is your chance to bring a transformative project to life in a city with a strong rental demand and an expanding population. Act fast—contact us today for details! MLS# 981570 (id:47423)

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Listed By Sutton Group-West Coast Realty (Nan)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 981574
Last Updated Dec 09, 2024
Property Summary
Property Type Land

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Neighbourhood Old City
Price History
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Detailed Information
Listing Contract Date 2024-12-02
Ownership Type Freehold
Property Type Vacant Land
Transaction Type For sale
Zoning Multi-Family
Building
Land
Total Size 16770 square feet
Size of Irregular Land 16770

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