About 880 Hecate St
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.
Basic Information
| Price | $614,000 |
|---|---|
| MLS® # | 996776 |
| Sub-Type | Single Family Detached |
| Year Built | 1955 |
| Beds | 3 |
| Baths | 3.00 |
| Kitchens | 2 |
| Interior SqFt | 3,183 |
| Lot Size | 0.22 Acres |
Location Information
| Address | 880 Hecate St |
|---|---|
| Postal Code | V9R 4K6 |
| Area | Nanaimo |
| Sub Area | Old City |
| Jurisdiction | City of Nanaimo |
| PID Number | 008-811-679 |
| View | City |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Baseboard |
| Cooling | None |
| Foundation Details | Poured Concrete |
| Property Condition | Resale |
| Laundry | In House, In Unit |
| Parking | Open |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Level |
Listing Details
| Office | RE/MAX of Nanaimo |
|---|