350 Vancouver Ave, NANAIMO, V9S 4G2

Commercial - Building and Land For Sale

$599,000


Beds
Baths
Sqft
Built
MLS® #: 453239
Active

Urban character residential or future multi-family development site steps away from Nanaimo Yacht Club in the Brechin / Newcastle Neighbourhood. Located within walking distance to the waterfront and seawall to downtown Nanaimo, this is a popular area currently undergoing densification with several successful developments nearby. Within close proximity to ferries, helijet and seaplanes to Vancouver, and easy access to downtown's many cafes and amenities, this is an ideal location for relocators and locals alike. This home currently earns a great monthly income with great tenants in place making this a fantastic holding property in a high-demand area, or, a great restoration or renovation project and call this ideal urban location Home! Peak a boo ocean views as is, or even better with development. R8 zoning allows medium density and a 1.25 floor area ratio, and identification as a corridor zone permits 50-100 units per hectare, and 2-4 storey buildings. Measurements are approx.

Essential Information

MLS® #: 453239
Price: $599,000
Type: Commercial
Sub-Type: Building and Land
Status: Active

Community Information

Address: 350 Vancouver Ave
City: NANAIMO
Province: BC
Postal Code: V9S 4G2

Listing Details

Listing Office: eXp Realty

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