FOR SALE OR LEASE - 2 acre COR-3 zoned mixed use and / or commercial development site.
The subject property is located fronting Wellington Rd and backing onto the E&N Railway, approximately 500 meters South of the intersection of Mostar Rd and Island Hwy 19a in the City of Nanaimo.
Wellington Rd is a mixed use corridor containing a mix of single family dwellings and rental apartment blocks on the South side, and a range of commercial uses on the North side, including retail, offices, self storage and automobile dealerships.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Na Diver Lake, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
2 acre(s)0.81 hectare(s)
Taxes:
$49,967.33 /
2025
Commercial Area:
Not Applicable
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
2445000.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT B, PLAN VIP21545, SECTION 5, WELLINGTON LAND DISTRICT
Zoning:
COR-3
Occupancy:
Vacant
Lot Site Features:
Acreage, Adult-Oriented Neighbourhood, Central Location
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Listed by Colliers International (Nan)
Data was last updated November 5, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
104
Avg list price:
$939,500
Min list price:
$23
Max list price:
$24,517,000
Avg days on market:
108
Min days on market:
4
Max days on market:
559
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.
