$949,000

Vacant Land For Sale In Nanoose Bay, British Columbia

$949,000

Property Information:

Rare opportunity to invest in two titled properties totaling 3.17 acres, located at 2433 Summerset Road (2.04 Acres) and 2430 Island Hwy E (1.13 Acres). These parcels have a high visibility location with Island Highway frontage, making them ideal for a variety of commercial uses or residential use. Approximately a 5-minute drive to North Nanaimo, these properties are conveniently close to all levels of amenities. The proximity to Nanaimo also ensures easy connections to the lower mainland via multiple ferry services, float planes, and the Helijet. Both parcels are undeveloped, offering a blank canvas for your vision. With CM5 zoning, the possibilities are vast, including potential uses such as a hotel, pub, restaurant, residential, recreation facility, public assembly, resort vehicle park, and tourist centre. Don't miss this investment opportunity in a high-exposure, rapidly growing area. Plus GST. Information Package Available. Measurements approx. Verify data if important.

Property Features:

  • Annual Tax Amount: $3,447
  • Lot Features: Acreage, Corner Lot, Easy Access, Near Golf Course, Recreation Nearby, Rural Setting, Shopping Nearby
  • Lot Frontage: 138085.2 Square Feet
  • Lot Size: 3.17 Acres
  • Ownership: Freehold
  • Property Sub Type: Unimproved Land
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Zoning: CM-5J
  • Sewer: None

Courtesy of: RE/MAX of Nanaimo, eXp Realty

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.