Commercial Land for sale
450 B Irwin St, Nanaimo
$449,000
Features
Lot Size
6,204 sqft
Zoning
CC2
View
Mountain(s), Ocean
Additional Features
Central Location, Cleared, Corner, Easy Access, Level, Marina Nearby, Recreation Nearby, Rectangular Lot, Southern Exposure, See Remarks
Water Supply
TOLT
Sewer/Septic
Sewer To Lot
Description
Approved Development Opportunity – South Nanaimo
10 Townhouse like condos + 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 layout includes Unit 1: 1,000 sf + balcony (2 bedrooms), Unit 2: 758 sf + balcony (1 bedroom), Unit 3: 485 sf (1 bedroom), Unit 4: 660 sf + balcony, Unit 5: 660 sq ft + balcony + commercial space.
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.
MLS® Number 996514