311 Wallace St, Nanaimo, BC

$895,000

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0.38

Acres

About 311 Wallace St

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! Pictures to follow Also under MLS# 981570

Basic Information

Price $895,000
MLS® # 981574
Sub-Type Land
Baths 0.00
Lot Size 0.38 Acres

Location Information

Address 311 Wallace St
Postal Code V9R 5B5
Area Nanaimo
Sub Area Old City
Jurisdiction City of Nanaimo
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer To Lot

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No

Listing Details

OfficeSutton Group-West Coast Realty (Nan)

Listing Map