All Victoria BC Commercial For Sale $600K-$700K
575 Milton St
Na Old City
Nanaimo
V9R 2L2
$650,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1017872
- Photos (5)
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Commercial, Residential, multi-family, live/work, mixed use development property located in a commercial and residential area of the Old City quarter ready for your development ideas. Newly constructed neighbouring townhome development with a small commercial component has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. Substantial vendor financing is available at attractive terms and rates for a qualified buyer.
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- 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:
- 0.641 acre(s)0.26 hectare(s)
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Municipal, To Lot
- Sewer:
- Sewer Available, Sewer To Lot
- Fireplace:
- No
- 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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- Lot Site Features:
- Adult-Oriented Neighbourhood, Central Location, Cleared, Corner Lot, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Serviced, Shopping Nearby
- Parking Features:
- On Site
- Total Parking Spaces:
- 40
- Road Surface Type:
- Paved
- Total Units:
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- Date Listed:
- Oct 16, 2025
- Original Price:
- 650000.0
Larger map options:
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated October 20, 2025 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 29
- Avg list price:
- $680,000
- Min list price:
- $23
- Max list price:
- $2,850,000
- Avg days on market:
- 137
- Min days on market:
- 4
- Max days on market:
- 544
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.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
