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311 Wallace St Nanaimo, British Columbia V9R 5A8

$895,000

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)

Property Details

MLS® Number 981570
Property Type Multi-family
Neigbourhood Old City

Building

Type Multi-family

Land

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

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Nita Sihota
Personal Real Estate Corporation


Sutton Group-West Coast Realty (Nan)
#604 - 5800 Turner Road
Nanaimo, British Columbia V9T 6J4

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