- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1002022
- Photos (17)
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Exceptional Development Opportunity in Nanaimo!
An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island’s fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area.
Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city’s high demand for quality rental housing ensures strong long-term value and income potential.
Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call us today for more info. Also listed under MLS 1002032
- 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 Central Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.5 acre(s)
- 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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- Parking Features:
- On Site
- Total Parking Spaces:
- 0
- Total Units:
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- Date Listed:
- Jun 02, 2025
- Original Price:
- 2499000.0
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View of miscellaneous property collateral -
View of a document
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Back of property with a shingled roof
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View of side of property
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View of front facade with a fenced front yard and a chimney
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View of front of house featuring a porch, a gate, a fenced front yard, driveway, and a chimney
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Bungalow featuring covered porch, a gate, a fenced front yard, a chimney, and stucco siding
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View of yard
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View of front of house featuring a porch, a gate, a fenced front yard, driveway, and a chimney
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Bungalow featuring covered porch, a gate, a fenced front yard, a chimney, and stucco siding
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View of home's exterior with a chimney
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View of yard
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Living room featuring wood finished floors
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Living area featuring ornamental molding, wood finished floors, and a fireplace
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Kitchen with electric stove, light wood-type flooring, a baseboard radiator, and ventilation hood
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Kitchen with range with electric cooktop, washer and clothes dryer, a sink, under cabinet range hood, and light wood finished floors
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Kitchen with washer / clothes dryer, electric range, black microwave, light wood-style floors, and freestanding refrigerator
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated July 30, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $963,000
- Min list price:
- $64,900
- Max list price:
- $6,500,000
- Avg days on market:
- 98
- Min days on market:
- 9
- Max days on market:
- 296
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- MELISSA THIMOT
- COLDWELL BANKER OCEANSIDE REALTY
- 1 (250) 6862500
- Contact by Email
Coldwell Banker Oceanside Real Estate
Location
3194 Douglas Street
Victoria, BC, V8Z 3K6