$ 394,900

374 Nicol St, Nanaimo

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. (id:1945)
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Property details for 374 Nicol St, Nanaimo

Type
Residential
Bedrooms
2
Bathrooms
1
Living Area
735 square feet
Lot Size
4719
Heating
Forced air, Natural gas
Cooling
None
Ownership
Freehold
Annual Taxes
$2,874

Nearby Listings Stat

Estimated price and comparable properties near 374 Nicol St

Active Listings
18
Min Price
$154,900
Max Price
$599,900
Avg Price
$392,889
Days on Market
67
days
Sold Listings
7
Min Sold Price
$139,900
Max Sold Price
$599,000
Avg Sold Price
$441,914
Days until Sold
122
days

Price History

Listed
June 3, 2026
by Sutton Group-West Coast Realty (Nan)
Current Price
$394,900
+1.8% from last change
Type
Residential
For Sale
Price Changes
1
Date Price Change
Current $394,900 +$6,900 (+1.8%)
Jun 3, 2026 $388,000 Listed

Contact Agent Get in touch about 374 Nicol St, Nanaimo

Ken Welte
Ken Welte
Sutton Group-West Coast Realty (Nan)