All Victoria BC Commercial For Sale $500K-$600K
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1044119
- Photos (27)
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Cash flowing $2200/month, If you want to live/build in the best area of departure bay this is one of the best entrances tolive on a Clean 7200 sq ft lot surounded by mature established properties & set along theedge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with itsbeautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy yourretirement or develop a property in an attractive neighborhood this land can provide you with thecompetitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. Ifcombined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 unitsacross both lots. Utilizing the sewer right of way for site access/parking in a proposed development plan can quickly turn the typically viewed negative(right of way) into a nutrel/netpositive when looking to maximize your buildout. Single or multifamily development these sites areready for any of your future plans
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Na Departure Bay, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,230 sq. ft.
- Taxes:
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- Construction:
- Frame Wood
- Ceiling Heights:
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- Floor finish:
- Carpet, Laminate
- Total Building Area:
- 641 sq. ft.
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
- Signup
- Fencing: Partial
- Ocean
- 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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- Lot Site Features:
- Rectangular Lot, Serviced, Southern Exposure
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jul 20, 2026
- Original Price:
- 549900.0
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Listed by William Wright Commercial Real Estate Services
Data was last updated September 9, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 96
- Avg list price:
- $1,242,500
- Min list price:
- $46,900
- Max list price:
- $25,000,000
- Avg days on market:
- 92
- Min days on market:
- 5
- Max days on market:
- 637
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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- Exp Realty Inc
- 1-778-401-9545
- Contact by Email