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530 Pythian Lane
Na Central Nanaimo Nanaimo V9S 1A9

$532,000
Commercial Sale

Main Photo: 530 Pythian Lane in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 1021408
Photo 1: 530 Pythian Lane in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 1021408
Photo 2: 530 Pythian Lane in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 1021408
Photo 3: 530 Pythian Lane in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 1021408
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1021408
Sold at land value only. Large 9,585 square foot lot with southern exposure, overlooking the City Centre. The land is ready for redevelopment for an impressive single-family home or can be developed for multifamily use under the existing zoning. The immediate area is being renewed with larger, modern residential development. Lot area is 67.5 sq ft by 142 sq ft. The adjacent lot at 550 Pythian Lane is also available for purchase. The two lots are matching in area, rectangular shape, and access, with each providing 9,585 square feet of development land (total of 19,170 square feet).
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
9,585 sq. ft.
Lot Details:
67.5 ft X 142 ft
Taxes:
Ceiling Heights:
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R5
Units in Building:
Units in Community:
Occupancy:
Tenant
Lot Site Features:
Central Location, Cleared, Cul-De-Sac, Level, Rectangular Lot, Serviced, Southern Exposure
Parking Features:
On Site
Total Parking Spaces:
3
Road Frontage Type:
Lane
Road Surface Type:
Paved
Total Units:
Date Listed:
Nov 26, 2025
Original Price:
532000.0
  • Photo 1: 530 Pythian Lane in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 1021408
    Photo 1 of 3
  • Photo 2: 530 Pythian Lane in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 1021408
    Photo 2 of 3
  • Photo 3: 530 Pythian Lane in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 1021408
    Photo 3 of 3
Listed by NAI Commercial (Victoria) Inc.
Data was last updated December 11, 2025 at 07:30 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$650,000
Min list price:
$46,900
Max list price:
$6,250,000
Avg days on market:
68
Min days on market:
15
Max days on market:
430
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.
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.