155 Fry St, Nanaimo, BC

$3,500,000

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0.79

Acres

About 155 Fry St

Introducing an unparalleled investment opportunity at 155 Fry St in the dynamic Harbour View District. This prime 58 high-quality residential units, 0.79-acre development site offers a turnkey project with a building permit ready for immediate pick-up, enabling construction of a five-story multi-family building complete with an underground parkade. The development features a 1,825-square-foot commercial space, strategically designed to capture stunning ocean views and benefit from its short walking distance to downtown amenities and waterfront attractions. With comprehensive analysis, planning, procurement, and permit processes fully completed, investors can transition directly to development with confidence. Modern conveniences including EV charging, bike storage, and secure parking, along with a five-year tax exemption in a revitalized downtown setting, make this a uniquely attractive opportunity for sustainable urban living.

Basic Information

Price $3,500,000
MLS® # 992831
Sub-Type Land
Baths 0.00
Lot Size 0.79 Acres

Location Information

Address 155 Fry St
Postal Code V9R 0H6
Area Nanaimo
Sub Area Old City
Jurisdiction City of Nanaimo
PID Number 029-835-453
View Mountain(s), Ocean
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Available
Heating Natural Gas
Property Condition Contact List Licensee

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Adult-Oriented Neighbourhood, Central Location, Cleared, Corner, Easy Access, Family-Oriented Neighbourhood, Gated Community, Level, Marina Nearby, Park Setting, Private, Private Island, Quiet Area, Rural Setting, Serviced, Sloping

Listing Details

OfficeSutton Group-West Coast Realty (Nan)

Listing Map