$6,995,000

Vacant Land For Sale In Northfield, Nanaimo, British Columbia

$6,995,000

Property Information:

This listing includes 2019 Bowen Rd and 1985 Island Diesel Way totaling 117,045 sqft of flat, usable land. Both properties are zoned COR2 which allows for mixed use, street-oriented development. These two lots with high visibility location offer an incredible opportunity for investors or developers! COR2 permits multi-family development, commercial strip mall, up to 1.75 FSR and up to 5 Story buildings with city bonuses. Buyer to verify with the City of Nanaimo. The options are endless. This location is highly desirable with easy access to amenities, schools, parks and transportation. Don't miss your chance to secure this solid investment opportunity!

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $28,508
  • Lot Features: Acreage, Central Location, Easy Access, Serviced, Shopping Nearby
  • Lot Frontage: 117045 Square Feet
  • Lot Size: 2.69 Acres
  • Ownership: Freehold
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Sub Type: Land
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: COR2
  • Zoning Description: Commercial
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 2

Courtesy of: 460 Realty Inc. (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.