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1733 Northfield Rd
Na Central Nanaimo Nanaimo V9S 3B1

$749,900
Commercial Sale

Main Photo: 1733 Northfield Rd in Nanaimo: Na Central Nanaimo Other for sale : MLS®# 980701
Photo 1: 1733 Northfield Rd in Nanaimo: Na Central Nanaimo Other for sale : MLS®# 980701
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
980701
Seize the opportunity with this expansive quarter-acre of flat R5 zoned land located in the heart of Nanaimo! This prime piece of real estate is ready for your vision, with the city's support for higher density developments. Imagine the possibilities: townhomes, a mixed-use complex with commercial spaces on the ground floor, and stylish condos above (with city approval). This property isn't just an investment; it comes with a charming 4-bedroom home, perfect for immediate rental income or as a primary residence while planning your project. The seller is even open to a rent-back arrangement, providing you with flexible options. With new legislation on the horizon, you have the chance to retain the existing home and add a secondary dwelling, maximizing the potential of this lot. This is a golden opportunity you won't want to miss! Don't wait! This property offers endless possibilities for developers and investors alike. All measurements are approx..
Property Type:
Commercial Sale
Type:
Other
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
11,296 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
11,296 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R5
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Nov 14, 2024
Original Price:
749900.0
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Listed by RE/MAX of Nanaimo
Data was last updated February 1, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$749,900
Min list price:
$46,900
Max list price:
$6,995,000
Avg days on market:
96
Min days on market:
3
Max days on market:
276
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations.

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