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In-PersonVirtual Tour
$ 989,900
Est. payment | /mo
10,018 Sqft Lot
$ 989,900
Est. payment | /mo
10,018 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 972667
Rental Info Unrestricted
Year Built 1981
Annual Tax Amount $2,526
Tax Year 2023
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Development project opportunity!!! . 4 Unit (2 stories/ 2000 sq feet each) upscale townhouse project with underground parking. Preliminary architectural drawings, all engineering, and zoning resolution has already been prepared. Existing concrete structure worth $1m+. Apply for permit and go! (when approved of course). Estimated resale of each townhouse is $800,000- $990,000 each as of Feb 2024. Direct ocean views. Walking/ cycling distance to downtown Nanaimo and new Vancouver passenger ferry service. Easy access by car to BC Ferries, the Trans-Canada Hwy, and the airport. Please DO NOT attempt to view property without listing Realtor. Please request & download info package and engineer reports prior to making an appointment to view. The Seller may look at "builder's terms' for a reputable buyer-builder. Info Package: https://rem.ax/3UZStod
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning R6
Interior
Flooring Concrete
Exterior
Parking On Site 1
View Y/N Yes
View Ocean
Total Parking Spaces 11
Building
Lot Description Easy Access
Building Description Concrete, Underground Garage
Sewer Sewer Available
Water Municipal
Structure Type Concrete
Others
Pets Allowed Yes
Tax ID 000-281-964
Ownership Freehold
Listed by RE/MAX Generation (LD)
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