3
Bedrooms
3
Bathrooms
3,183 sqft
Living Area
9,405 sqft
Lot
1955
Year Built
About This Property
This 3-bedroom, 3-bathroom other in Nanaimo offers 3,183 sqft of living area on a 9,405 sqft lot. Built in 1955. The property has lot dimensions of 9405, zoned Unknown. The home features electric heating. Highlights include a 10-car garage.
MLS Remarks
Prime Development Opportunity in South Nanaimo Located within walking distance from downtown Nanaimo, this exceptional property presents a unique investment opportunity. Currently, the property includes a commercial space on the main floor and a 2-bedroom rental suite above, providing immediate rental income. What truly sets this property apart is the approved development permit for a Craftsman-inspired, 2.5-story ''missing middle'' housing project. Plans include four 1-bedroom and four 2-bedroom units, many featuring rooftop balcony access. This provides a fantastic opportunity for a developer to create a modern, high-demand multifamily property in a prime location. Don't miss this chance to invest in a property that offers both immediate returns and future development potential. All Measurements Approx. Verify if Important. (id:60351)
Overview
Property Typeother
Sub-Typeother
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