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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 966094
- Photos (52)
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Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.
- Property Type:
- Commercial Sale
- Type:
- Other
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Na Chase River, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.42 acre(s)
- Taxes:
- Signup
- Construction:
- Frame Wood, Insulation All, Vinyl Siding
- Foundation:
- Concrete Perimeter
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,337 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning
- Heating:
- Electric, Heat Pump, Heat Recovery
- Fireplace:
- No
- Pending Date:
- Signup
- Balcony/Deck, Balcony/Patio, Fenced
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Lot Site Features:
- Acreage, Cleared, Easy Access, Irregular Lot, Landscaped, Level, Shopping Nearby
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jun 03, 2024
- Original Price:
- 2500000.0
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Driveway
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Front Deck
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Primary Bedroom
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Main Bathroom
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Primary Bedroom
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Stairwell to Lower Level
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Family Room
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Family Room
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Family Room
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Virtual Tour
Listed by RE/MAX of Nanaimo
Data was last updated November 3, 2024 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 87
- Avg list price:
- $1,199,000
- Min list price:
- $23
- Max list price:
- $11,500,000
- Avg days on market:
- 89
- Min days on market:
- 5
- Max days on market:
- 516
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations.
- JEFF MEYER
- eXp Realty Canada
- 1.250.885.2047
- Info@VIREG.ca
