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501 Prideaux St 0.32 Acres of Commercial Land Offered at $626,827 USD in Nanaimo, BC V9R 2N8
EXECUTIVE SUMMARY
The sale offering of 501 Prideaux Street in Nanaimo, British Columbia. This Development Permit (DP) Approved 21-unit Multifamily Development Site consists of 21 One-Bedroom units ranging in size from 465 to 500 SF. The approved DP includes 22 parking stalls at grade, significantly mitigating the construction cost by not having to build a underground parkade structure. The 2021 Census shows Nanaimo was the fastest-growing metropolitan area on Vancouver Island and one of the top five fastest-growing in Canada over the past five years.
PROPERTY FACTS
| Price | $626,827 USD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.32 AC |
| No. Lots | 1 | Construction Status | Proposed |
| Property Type | Land | ||
| Zoning | DT8 - Old City Mixed-Use | ||
| Price | $626,827 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.32 AC |
| Construction Status | Proposed |
| Zoning | DT8 - Old City Mixed-Use |
1 LOT AVAILABLE
Lot
| Price | $626,827 USD | Lot Size | 0.32 AC |
| Price Per AC | $1,958,833.55 USD |
| Price | $626,827 USD |
| Price Per AC | $1,958,833.55 USD |
| Lot Size | 0.32 AC |
1 1
Walk Score®
Very Walkable (86)
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501 Prideaux St
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