1691 Boundary Ave, Nanaimo, BC V9S 1J8
- $3,500,000
Courtesy of eXp Realty
- List Price
- $3,500,000
- Status
- ACTIVE
- MLS®
- 930500
- Property Type
- Commercial
- Acres
- 0.57
- Lot Size
- 24,970
- District
- Nanaimo
- Neighbourhood
- Na Central Nanaimo
Property Description
Excellent holding property and/or development site located across the street from Nanaimo Regional General Hospital. This property feature 2 seperate 6 unit apartment buildings that provide solid income and low vacancies. The property is zoned R8 and will allow for approx 40,000 sq/ft to be built with underground parking and by meeting tier 1 requirements (buyers to do their own due diligence). The city may support a rezoning to allow mixed use or higher density also. With 3 road frontages and an ideal location to take advantage of our growing hospital and health care worker population, this opportunity in very unique.
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Additional Information
- Lot Features
- Level
- Heating
- Baseboard
- Parking Type
- On Site
- Taxes
- $11,205
- Rentals Allowed
- Unrestricted
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