Land For Sale • 0.64 AC
Newly constructed neighbouring townhome development with a commercial component on the ground floor has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. The neighbouring property at 555 Milton is also offered for sale. There are environmental issues noted with the soil on 555 Milton therefore the property is being sold AS IS, WHERE IS. Buyers MUST do their own due diligence regarding remediation requirements
| 0.64-acre corner lot located in Nanaimo’s Old City Quarter with DT11 zoning. |
| Flexible development options for mixed-use, multi-family, townhomes, and live-work concepts. |
| Walkable location near Vancouver Island University and downtown Nanaimo. |
| Recently revitalized neighborhood with new projects enhancing local vibrancy. |