Nanaimo · Commercial Sale · MLS® 996514

450 B Irwin St, Nanaimo

$399,000
451Days on Market

About this property

Approved Development Opportunity10 residential+2 Commercial Units. Located in vibrant South Nanaimo,450 & 460 Irwin Street offer a rare and ready-to-go development opportunity.Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future.The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the floor plans are up to 1000 sq/ft.The innovative design ensures appropriate parking for residents and supports much-needed "missing middle" housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes.This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing.Measurements approximate to be verified

Features & details

DDF Property Type Vacant Land
View Mountain view, Ocean view
Land Size 6,204 sq ft
Feature Central location
Feature Level lot
Feature Southern exposure
Feature Corner Site
Feature See remarks
Feature Partially cleared
Feature Other
Feature Rectangular
Feature Marine Oriented
Property Type Unimproved Land
Water Source To Lot
Sewer Sewer To Lot
Zoning CC2

Location

Brokerage Listed by Real Broker. Information is deemed reliable but not guaranteed.