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$1,350,000
Est. payment /mo
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 993603
Rental Info Unrestricted
Annual Tax Amount $16,079
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Unimproved Land
Property Description
Old City Quarter Development lot is almost 1/4 acre in size & nestled within a selection of restaurants, specialty retail, pubs, & amenities, & close to Nanaimo's downtown core. Currently 36 stall parking lot (Fully rented), w/ opportunity to generate revenue while you develop the adjacent 36 stall parking lot & office building (341 Robson St. MLS 993602 & 348 Wesley St. MLS 993605) also available to purchase, w/2 separate titles offering office building including a 2-bedrm accomm. creating additional income supporting future opportunities for development, + 2 separate parking lots. Zoning DT2 allowing for variety of commercial & residential development options & wide array of opportunities such as low-rise 30 to 66 condo/townhome building,+ additional lot purchase of 341 Robson St. could potentially build over 100 units+ on almost 1/2 acre of combined land w/ocean view/rooftop patios/secured parking w/graded access for parking.(All measurements approx & must be verified if important)
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Exterior
Parking On Site 1
Others
Pets Allowed Yes
Tax ID 000-137-049
Ownership Freehold
Virtual Tour https://youtu.be/GBojke_APGs?feature=shared
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Listed by RE/MAX Generation (LD)