Vancouver Island Real Estate
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 962875
- Photos (41)
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Discover the pinnacle of North Nanaimo's real estate: a sprawling 29.16-acre parcel primed for development. Zoned Urban Reserve, it promises potential for 22+ dwellings, amid an area where neighboring lots fetch $500K+ for 6000sf. Rezoning options for multifamily or higher density amplify its allure, offering endless possibilities. Enhancing its appeal is a contemporary 5-bed, 4-bath home with a legal mortgage helper suite. Vendor financing could be an option for eligible buyers. Seize the opportunity to capitalize on this prime investment now! All measurements approximate, buyer to verify if fundamental to the purchase
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na North Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 29.1 acre(s)
- Taxes:
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- Building Features:
- See Remarks
- Ceiling Heights:
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- Total Building Area:
- 3,000 sq. ft.
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
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- Other
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Acreage, Private, Quiet Area, Rocky, Serviced, Wooded
- Total Parking Spaces:
- 0
- Total Units:
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- Date Listed:
- May 05, 2024
- Original Price:
- 1.5888888E7
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Virtual Tour
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated June 26, 2024 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 113
- Avg list price:
- $1,070,000
- Min list price:
- $58,000
- Max list price:
- $15,888,888
- Avg days on market:
- 78
- Min days on market:
- 1
- Max days on market:
- 687
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email