- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 982742
- Photos (2)
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Discover an exceptional chance to acquire a prime development property in Nanaimo's University District. Situated at 622, 626, and 630 Fourth Street, this offering includes three identical lots, each with lane access and cumulatively spanning over 20,000 square feet. Located just a short stroll from the Vancouver Island University campus, this site is perfectly positioned for a potential condominium or rental project that would appeal to faculty, students, and families alike. With the potential to construct 24 units or more, this property presents a profitable opportunity for developers eager to meet the increasing housing demand in the region. Highlighted is a neighboring project on a similar site that successfully underwent rezoning and secured permits within just 7 months, illustrating the potential for rapid project initiation. Don't let this unique opportunity to secure a prime development site in one of Nanaimo's most sought-after locations slip away.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na University District, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 20,909 sq. ft.
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Nanaimo
- Legal Description:
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- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Dec 04, 2024
- Original Price:
- 1950000.0
-
Photo 1 of 2 -
Photo 2 of 2
Listed by eXp Realty
Data was last updated December 27, 2024 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 91
- Avg list price:
- $1,125,000
- Min list price:
- $23
- Max list price:
- $11,500,000
- Avg days on market:
- 92
- Min days on market:
- 10
- Max days on market:
- 499
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations.
- KRISTIE HAZ
- EXP REALTY
- 1 (250) 8830477
- Contact by Email
KRISTIE HAZ
Personal Real Estate Corporation
Location
Vancouver Island, BC
