$680,000

Investment For Sale In City Center/Protection Island, Nanaimo, British Columbia

$680,000

Property Information:

Prime development opportunity in waterfront downtown Nanaimo! This 11,394 sq ft lot zoned DT-5 allows for high - density multi story residential with compatible commercial uses. Enjoy stunning ocean views and picturesque vistas of Maffeo Sutton Park, with direct access to parks and the seawall, steps from vibrant downtown amenities. The seller has completed a survey and provides a detailed proposal for a 6 storey, 21 unit condominium with underground parking, designed to maximize ocean views and integrate with the urban landscape ( for buyers reference only ) Priced to sell, this is a rare chance for developers to create a landmark project in Nanaimo's coveted waterfront downtown area. Price plus tax.

Property Features:

  • Annual Tax Amount: $12,548
  • Lot Features: Central Location, Cleared, Easy Access, Recreation Nearby, Shopping Nearby
  • Lot Frontage: 11325.6 Square Feet
  • Lot Size: 11325.60 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Zoning: DT-5

Courtesy of: eXp Realty (NA)

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