555 Milton St, Nanaimo, BC V9R 2L3
555 Milton St, Nanaimo, BC V9R 2L3
555 Milton St, Nanaimo, BC V9R 2L3
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Listing by Sandy Clark Macdonald Commercial Real Estate Services Ltd.
$450,000
Est. payment /mo
0.67 Acres Lot
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Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1017869

HOA Y/N No

Annual Tax Amount $16,738

Tax Year 2025

Lot Size 0.670 Acres

Acres 0.67

Property Sub-Type Unimproved Land

Property Description

COMMERCIAL - RESIDENTIAL MIXED USE DEVELOPMENT SITE OFFERED WELL BELOW ASSESSED VALUE - Commercial, Residential, multi-family, live/work, mixed use development property located in a commercial and residential area of the Old City quarter ready for your development ideas. 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. Environmental issues noted with the soil therefore buyers MUST do their own due diligence regarding environmental concerns and remediation. PROPERTY SOLD AS IS.

Location

Province BC

County Nanaimo, City Of

Community Na Old City

Area Nanaimo

Zoning DT11

Interior

Inclusions Real Estate

Fireplace No

Exterior

Parking Features On Site

Garage Spaces 50.0

Utilities Available Cable Available, Compost, Electricity Available, Garbage, Natural Gas Available, Phone Available

View Y/N false

Street Surface Paved

Total Parking Spaces 50

Garage No

Others

Restrictions ALR: No

Ownership Freehold

Acceptable Financing Must Be Paid Off

Listing Terms Must Be Paid Off


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Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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555 Milton St

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