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! Also under mls 981574 (id:32872)
MLS® Number | 981570 |
Property Type | Multi-family |
Neigbourhood | Old City |
Type | Multi-family |
Acreage | No |
SizeIrregular | 16770 |
SizeTotal | 16770 Sqft |
SizeTotalText | 16770 Sqft |
ZoningDescription | Dt2 |
ZoningType | Unknown |
https://www.realtor.ca/real-estate/27701098/311-wallace-st-nanaimo-old-city
Contact us for more information
Nita Sihota
Personal Real Estate Corporation