- ©MLS 1044373
Description
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. (id:48970) Show More
Details
- Property Type: Other
- Type: Commercial Mix
- Neighbourhood: Old City
Features
- Partially cleared
- Partially air conditioned
Location
Similar Properties
For Sale
$ 399,900 $ 632 / Sq. Ft.
- 1036254 ©MLS
- 1 Bedroom
- 1 Bathroom
For Sale
$ 345,000 $ 531 / Sq. Ft.
- 1040640 ©MLS
- 1 Bedroom
- 1 Bathroom
For Sale
$ 365,000 $ 562 / Sq. Ft.
- 1027364 ©MLS
- 1 Bedroom
- 1 Bathroom
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Vancouver Island Real Estate Board


