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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1005005
- Photos (17)
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Development-Ready Property with R14 Zoning & Strong Location Opportunity knocks at 680 Pine Street – a well-situated ¼ acre parcel in central Nanaimo with R14 zoning and rear alley access, making this an ideal site for redevelopment. The existing 3-bedroom, 1-bath home offers rental income while you plan. Add a carriage home, duplex, or explore multi-unit options under current zoning allowances. With strong demand for housing and proximity to Vancouver Island University, shopping, restaurants, and transit, this location provides both immediate rental appeal and excellent long-term upside. A strategic acquisition for the experienced investor.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 10,156 sq. ft.
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Nanaimo
- Legal Description:
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- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Jul 03, 2025
- Original Price:
- 599000.0
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Listed by REMAX Professionals
Data was last updated July 14, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 36
- Avg list price:
- $869,950
- Min list price:
- $59,500
- Max list price:
- $4,290,000
- Avg days on market:
- 89
- Min days on market:
- 2
- Max days on market:
- 445
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Sandra Madson Personal Real Estate Corporation
- RE/MAX Professionals
- (250) 618-6212
- sandra@LMAHomes.ca
- Ryan Madson
- RE/MAX Professionals
- (250) 739-9099
- ryan@LMAHomes.ca
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