About 575 Milton St
COMMERCIAL - RESIDENTIAL MIXED USE DEVELOPMENT SITE OFFERED WELL BELOW ASSESSED VALUE - Commercial, Residential, multi-family, live/work, mixed use development property located in a commercial and residential area of the Old City quarter ready for your development ideas. Newly constructed neighbouring townhome development with a commercial component on the ground floor has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. There are environmental issues noted with the soil therefore the property is being sold AS IS. Buyers to do their own due diligence regarding environmental.
Features of 575 Milton St
| MLS® # | 1017872 |
|---|---|
| Price | $450,000 |
| Acres | 0.64 |
| Type | Commercial Sale |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 575 Milton St |
|---|---|
| Area | Na Old City |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9R 2L2 |
Amenities
| Parking Spaces | 40 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
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Additional Information
| Date Listed | October 16th, 2025 |
|---|---|
| Days on Market | 180 |
| Zoning | DT11 |
Listing Details
| Office | Macdonald Commercial Real Estate Services Ltd. |
|---|