77 & 85 Skinner St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 1032789

NEW PRICE $1,275,000 – Rare opportunity to acquire 2 contiguous parcels totalling over 15,000 sqft in the heart of Downtown Nanaimo with highly desirable DT5 zoning allowing for mixed-use and higher-density development, offering a compelling blend of immediate usability and long-term redevelopment potential, improved with an existing 3,092 sqft building featuring a flexible commercial layout with multiple washrooms and lower-level office/storage area, with recent upgrades including a newly completed torch-on roof and interior remediation providing a solid foundation for occupancy or holding income, further enhanced by patio areas and an adjoining lot currently configured for parking or future expansion, all ideally positioned in a walkable, transit-oriented location steps from the waterfront and suited to a range of commercial, professional, medical or redevelopment opportunities an increasingly rare chance to secure scale, zoning and location at a price supported by recent valuation.

Legal Info:

Jurisdiction name:: City of Nanaimo

Legal Description:: LOT 2, BLOCK 52 OF SECTION 1, NANAIMO DISTRICT, PLAN 584 & LOT 1, BLOCK 52, OF SECTION 1, NANAIMO DISTRICT, PLAN 584 EXCEPT THAT PART DESCRIBED AS FOLLOWS: COMMENCING AT THE MOST SOUTHERLY CORNER OF SAID LOT, THENCE NORTHERLY ALONG THE EASTERLY BOUNDARY OF SAID LOT A DISTANCE OF 25 FEET, THENCE WESTERLY AT RIGHT ANGLES TO AN INTERSECTION WITH THE SOUTH WESTERLY BOUNDARY OF SAID LOT, THENCE SOUTH EASTERLY ALONG THE SAID SOUTH WESTERLY BOUNDARY TO THE POINT OF COMMENCEMENT PID:003-377-300 PID:003-377-229