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501 Prideaux St
Na University District Nanaimo V9R 2N8

$875,000
Commercial Sale

Main Photo: 501 Prideaux St in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1000614
Photo 1: 501 Prideaux St in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1000614
Photo 2: 501 Prideaux St in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1000614
Photo 3: 501 Prideaux St in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1000614
Photo 4: 501 Prideaux St in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1000614
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1000614
FURTHER PRICE REDUCED - For Sale | Development Permit (DP) Approved 21-Unit Multifamily Development Site. The subject property is in close proximity to Vancouver Island University (VIU) and downtown amenities, including two major shopping centres; the waterfront area, including the harbour-front walkway and Maffeo Sutton Park; and all major transportation routes, including BC Ferries, the new fast ferry service, and seaplane terminals. The immediate neighbourhood is an established commercial and multi-family area with significant new developments just completed and underway.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Na University District, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
13,988 sq. ft.
Taxes:
$12,757.74 / 2024
Commercial Area:
Other
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
685800.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT A, PLAN VIP21489, NANAIMO LAND DISTRICT
Zoning:
DT8 – Old City Mixed-Use
Parking Features:
On Site
Date Listed:
May 21, 2025
Original Price:
875000.0
  • Photo 1: 501 Prideaux St in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1000614
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  • Photo 2: 501 Prideaux St in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1000614
    Photo 2 of 4
  • Photo 3: 501 Prideaux St in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1000614
    Photo 3 of 4
  • Photo 4: 501 Prideaux St in Nanaimo: Na University District Unimproved Land for sale : MLS®# 1000614
    Photo 4 of 4
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Listed by Colliers and Colliers International (Nan)
Data was last updated February 2, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
92
Avg list price:
$962,000
Min list price:
$23
Max list price:
$25,000,000
Avg days on market:
110
Min days on market:
5
Max days on market:
649
These statistics are generated based on the current listing's property type and located in 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.