About 374 Nicol St
Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential.
Features of 374 Nicol St
| MLS® # | 1003724 |
|---|---|
| Price | $399,900 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Square Footage | 735 |
| Acres | 0.11 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Status | Active |
Community Information
| Address | 374 Nicol St |
|---|---|
| Area | Na South Nanaimo |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9R 4T4 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Driveway, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Construction | Frame Wood, Wood |
| Foundation | Other |
Additional Information
| Date Listed | July 2nd, 2025 |
|---|---|
| Days on Market | 117 |
| Zoning | COR1 |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|