Vancouver Island Homes for Sale

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680 Pine St
Na Old City Nanaimo V9R 2C8

$599,000
Commercial Sale

Main Photo: 680 Pine St Nanaimo BC
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1005005
Development-Ready Property with R14 Zoning & Strong Location Opportunity knocks at 680 Pine Street – a well-situated ¼ acre parcel in central Nanaimo with R14 zoning and rear alley access, making this an ideal site for redevelopment. The existing 3-bedroom, 1-bath home offers rental income while you plan. Add a carriage home, duplex, or explore multi-unit options under current zoning allowances. With strong demand for housing and proximity to Vancouver Island University, shopping, restaurants, and transit, this location provides both immediate rental appeal and excellent long-term upside. A strategic acquisition for the experienced investor.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
10,156 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
10,156 sq. ft.
Commercial Area:
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:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Jul 03, 2025
Original Price:
599000.0
  • Photo 1: 680 Pine St Nanaimo BC
    Photo 1 of 1
Listed by REMAX Professionals
Data was last updated July 4, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$840,000
Min list price:
$59,500
Max list price:
$4,290,000
Avg days on market:
94
Min days on market:
1
Max days on market:
436
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.
TICARA COERTZE
STEVE GILLESPIE
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.