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Main Photo: 175 Fraser St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1031446
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1031446
This over 8,700 square foot lot is currently utilized as a parking lot for the restaurant next door. Being surrounded by redevelopment activity, this is an attractive opportunity for investors and developers looking to build in a growing area with support from the city for development. This property must be purchased in conjunction with 199 Fraser St. The sellers are willing to offer very attractive vendor financing terms.
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 Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
8,738 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Parking, Real Estate
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:
DT4
Units in Building:
Units in Community:
Occupancy:
Partially Occupied
Lot Site Features:
Central Location
Parking Features:
On Site
Total Units:
Date Listed:
Apr 09, 2026
Original Price:
450000.0
  • Photo 1: 175 Fraser St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1031446
    Photo 1 of 1
Listed by Sutton Group West Coast Realty
Data was last updated April 10, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$750,000
Min list price:
$23
Max list price:
$2,850,000
Avg days on market:
142
Min days on market:
1
Max days on market:
683
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.
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.