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924 Old Victoria Rd
Na South Nanaimo Nanaimo V9R 6Z8

$7,250,000
Commercial Sale

Main Photo: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
Photo 1: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
Photo 2: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
Photo 3: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
Photo 4: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
Photo 5: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
984119
Attention Industrial Users & Developers: For sale is 5.91 Acre Industrial Zoned Development Site in Nanaimo with Development Permit application submitted for a 180,000 square foot development, situated in an industrial market with a sub 1% vacancy rate. Located on the east side of Old Victoria Road, 1,200 meters north of the fully controlled intersection of Trans-Canada Highway and Old Victoria Road. The property is 10 minutes away from both the Departure Bay and Duke Point ferry terminals as well as the Port of Nanaimo. The site will be provided with a clean environmental, in addition to all other completed studies including: Archeology, Onsite/Offsite Costing, Sub Surface Investigations, Geotechnical and the full Development Permit package. While the DP as proposed may not line up with the vision of all buyers, it demonstrates that all of the development work has been done, leaving a clear path for a buyer to pursue their own vision.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Na South Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5.91 acre(s)
Taxes:
$39,759.13 / 2023
Commercial Area:
Not Applicable
Water supply:
Municipal
Sewer:
Sewer Available
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
5451000.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
BLOCK C, PLAN VIP1748, SECTION 1, NANAIMO LAND DISTRICT, EXCEPT PLAN 1121R 1140R 32452 32980, EXC PT BOUNDED ON N BY THE SLY BNDY OF PL 1121R;ON THE S BY NLY BNDY OF PL1 140R; ON THE W BY THE ELY BNDY OF NICOL ST;&ON THE E BY THE WLY BNDY OF ALE XANDRA ST
Zoning:
I-2
Occupancy:
Vacant
Lot Site Features:
Acreage, Central Location, Cleared, Easy Access
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
0
Date Listed:
Jan 08, 2025
Original Price:
7250000.0
  • Photo 1: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
    Photo 1 of 5
  • Photo 2: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
    Photo 2 of 5
  • Photo 3: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
    Photo 3 of 5
  • Photo 4: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
    Photo 4 of 5
  • Photo 5: 924 Old Victoria Rd in Nanaimo: Na South Nanaimo Industrial for sale : MLS®# 984119
    Photo 5 of 5
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Listed by Colliers International (Nan)
Data was last updated January 21, 2025 at 07:30 AM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$1,098,500
Min list price:
$23
Max list price:
$11,500,000
Avg days on market:
99
Min days on market:
4
Max days on market:
525
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
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.