77 & 85 Skinner St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 1044373

SELLER MOTIVATED. Rare opportunity to acquire 2 contiguous parcels w/ over 15,000 sqft in Downtown Nanaimo with highly sought-after DT5 zoning, allowing for mixed-use and higher-density development. Offering a combination of immediate usability and long-term redevelopment potential, the property is improved with a 3,092 sq ft building featuring a restaurant-ready commercial layout complete with commercial kitchen infrastructure, multiple washrooms and lower-level office/storage space. Recent capital improvements include a new torch-on roof and interior remediation, providing a solid foundation for immediate occupancy, leasing or holding income. An adjoining parcel currently provides on-site parking while offering future expansion or redevelopment flexibility. Positioned in Nanaimo's downtown core, steps from the waterfront, transit and amenities. Opportunity for developers, investors, restaurateurs, medical or professional users. The seller is motivated and welcomes serious offers.

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