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$699,000
Est. payment /mo
0.64 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 981586
Rental Info Unrestricted
Annual Tax Amount $8,783
Tax Year 2024
Lot Size 0.640 Acres
Acres 0.64
Property Sub-Type Mixed Use
Property Description
Seize this rare opportunity to acquire over half an acre of prime multifamily-zoned property in the thriving city of Nanaimo. As Vancouver Island continues to attract significant migration, demand for quality housing has never been higher. This property is perfectly positioned to capitalize on the influx of residents seeking the island's unmatched lifestyle.
Fully serviced and boasting zoning conducive to multifamily development, this lot offers a seamless path to building. With utilities already in place and straightforward city processes, it's ready to bring your vision to life—whether townhomes, apartments, or a mixed-use project (subject to city approval).
Located in a strategic neighborhood close to amenities, schools, and transit, this site ensures future residents will enjoy both convenience and community. With the ease of building and high demand in Nanaimo's hot rental market, this property is a smart investment for developers and investors alike. Adjacent 555 Milton ava
Fully serviced and boasting zoning conducive to multifamily development, this lot offers a seamless path to building. With utilities already in place and straightforward city processes, it's ready to bring your vision to life—whether townhomes, apartments, or a mixed-use project (subject to city approval).
Located in a strategic neighborhood close to amenities, schools, and transit, this site ensures future residents will enjoy both convenience and community. With the ease of building and high demand in Nanaimo's hot rental market, this property is a smart investment for developers and investors alike. Adjacent 555 Milton ava
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning DT11
Exterior
Parking On Site 1
Building
Lot Description Cleared, Corner, Level
Others
Pets Allowed Yes
Tax ID 029-344-794
Ownership Freehold
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Listed by Sutton Group-West Coast Realty (Nan)