Sold at land value only. Large 9,585 square foot lot with southern exposure, overlooking the City Centre. The land is ready for redevelopment for an impressive single-family home or can be developed for multifamily use under the existing zoning. The immediate area is being renewed with larger, modern residential development. Lot area is 67.5 sq ft by 142 sq ft. The adjacent lot at 530 Pythian Lane is also available for purchase. The two lots are matching in area, rectangular shape, and access, with each providing 9,585 square feet of development land (total of 19,170 square feet).
Address
550 Pythian Lane
List Price
$532,000
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Lot Size
9585 Sq. Ft.
Lot Size (Acres)
0.22 Ac.
MLS® Number
1021412
Listing Brokerage
NAI Commercial (Victoria) Inc.
Postal Code
V9S 1A9
Tax Amount
$3,489.00
Tax Year
2025
Amenities
Central Location, Cleared, Cul-De-Sac, Level, Recreation Nearby, Rectangular Lot, Serviced, Southern Exposure