Investment/redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home/RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home , 8 RV, 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Rull package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Na Chase River, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.75 acre(s)0.71 hectare(s)
Taxes:
$8,498 /
2023
Building Features:
Basement
Construction:
Frame Wood
Total Building Area:
4,000 sq. ft.372 m2
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard, Electric
Fireplace:
No
Balcony/Deck
Main Level
0
Yes
No
Unrestricted
Assessed:
1454000.0
Assessment year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
THAT PART OF SECTION 29, RANGE 18 OF SECTION 7, NANAIMO DISTRICT, PLAN 630 LYING TO THE NORTH OF A STRAIGHT BOUNDARY JOINING POINTS ON THE EASTERLY AND WESTERLY BOUNDARIES OF SAID SECTION DISTANT 175 FEET AND 175 FEET RESPECTIVELY FROM THE NORTH EAST AND NORTH WEST CORNERS OF SAID SECTION AND
SHOWN OUTLINED IN RED ON PLAN DEPOSITED UNDER DD 27585I
Listed by Ken Welte of Sutton Group-West Coast Realty (Nan)
Data was last updated November 23, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
100
Avg list price:
$1,143,625
Min list price:
$23
Max list price:
$11,500,000
Avg days on market:
77
Min days on market:
2
Max days on market:
536
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations.