About 447,449&455 Nicol St
For sale: 427, 449 & 455 Nicol Street, Nanaimo, B.C. (the "Subject Site") — a compelling opportunity to acquire a Development Permit-ready multifamily site in one of Nanaimo's most rapidly transforming neighbourhoods. The Subject Site comprises three contiguous lots totaling 17,692 SF (0.41 acres) with 160+ feet of frontage on Nicol Street. Zoned COR3 Community Corridor, the plans designed by Stantec Architecture for a 4-storey, 35-unit purpose-built rental building. The unit mix comprises 8 micro-studios, 15 one-bedroom units, and 12 two-bedroom units. The Subject Site is a five-minute drive to downtown Nanaimo, Port Place Mall, and the Harbourfront Walkway, and ten minutes to Vancouver Island University and BC Ferries terminals.
Features of 447,449&455 Nicol St
| MLS® # | 1036107 |
|---|---|
| Price | $1,250,000 |
| Acres | 0.40 |
| Type | Commercial Sale |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 447,449&455 Nicol St |
|---|---|
| Area | Na South Nanaimo |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9R 4T5 |
Amenities
| View | Ocean |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
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Additional Information
| Date Listed | May 4th, 2026 |
|---|---|
| Days on Market | 131 |
Listing Details
| Office | Sotheby's International Realty Canada (Vic2) |
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