$829,900
( $377.40Per Sq Foot )
 $4,455 est/mo Sourced by Back At You

471 Selby St,Nanaimo, BC V9R2R6

Nanaimo, BC V9R2R6

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Description

Positioned in Nanaimo's historic Old City, 471 Selby Street offers a rare opportunity with flexible DT8 Mixed-Use zoning. Offering approximately 2,772 sq. ft. of finished space on an 8,944 sq. ft. lot, it is well suited for an owner-occupier, professional practice, creative business or investor. Just minutes from Downtown Nanaimo, the waterfront, Hullo Ferry and Harbour Air, the property combines an accessible urban location with the character of a heritage-style building. Soaring 14-foot cathedral ceilings, abundant natural light and open living areas create an inspiring setting for offices, studios, wellness or professional services, live/work use and other permitted concepts. A fully finished 6-foot basement provides additional space and storage, while the heated detached garage with a full bathroom adds flexibility and potential, subject to approvals. The property underwent a major permitted renovation in 2018, including updated windows, flooring, plumbing, electrical, insulation, a 200-amp panel, hazardous-material remediation and engineer-approved structural upgrades. The foundation was also reviewed by a structural engineer, with recommended work completed, along with new perimeter drainage. Outside, the level, landscaped and fully fenced property offers private outdoor space rarely found with an urban commercial opportunity. A patio and BBQ area, gazebo, deck, mature fruit trees and garden areas provide options for staff amenities, client experiences or a unique live/work environment. DT8 Mixed-Use zoning allows a broad range of uses, including office, retail, restaurant, live/work, multiple-family residential, personal services, daycare, recreation and commercial school, subject to City requirements. A character property with commercial flexibility, residential possibilities and room to evolve, 471 Selby Street offers an opportunity to create something unique in Nanaimo's downtown neighbourhoods. (id:13843)

Details

MLS #1050319
Listing TypeFor Sale
StyleCommercial Mix
StatusActive
Days On Site29
Listing Provided ByOakwyn Realty Ltd. (NA) | Siya Herman

Features

SQ Feet2,199
ZoningUnknown
Acreage0.21

Interior

CoolingNone
HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Exterior

Lot FeaturesCentral location, Level lot, Southern exposure, Other, Rectangular

Parking

Parking Total4

Taxes

Tax Annual Amount4993.97
Tax Block23
Tax Lot24

Area Information

ProvinceBC
CityNanaimo
Postal CodeV9R2R6
Listing VS Median (in V9R2R6)
Price:
$829,900
low | high
Med:
$829,900
50% of Average
sqft:
2,199
low | high
Med:
2,486
36.971350613915% of Average
$ / sqft:
$377
low | high
Med:
$338
60.335497835498% of Average
On site:
29
low | high
Med:
29
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityNanaimo
Postal CodeV9R2R6
Listing VS Median (in V9R2R6)
Price:
$829,900
low | high
Med:
$829,900
50% of Average
sqft:
2,199
low | high
Med:
2,486
36.971350613915% of Average
$ / sqft:
$377
low | high
Med:
$338
60.335497835498% of Average
On site:
29
low | high
Med:
29
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $622K - $1.37M
sqft: 1,500 - 2,500
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476 Machleary St Property Photo 1
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Nanaimo, BC V9R2H2
Listing Updated: October 9, 2026 at 4:05:29 PM PDT