531 2ND STREET, Nanaimo, BC, V9R 1X7Listing ID# 434578
Attention Builders/Developers! Versatile 0.25 Acre Development property, in the heart of the University District of Nanaimo. The property is an assembly of 3 separately titled lots: One 500 meter squared residential (Rlb) building lot fronting 2 streets - which could potentially be rezoned duplex; and 2 commercial (CC1) lots totaling 500 meters squared where the Fairview Convenience Store currently sits. The CC1 zoning provides for small scale and community services within neighbourhoods & allows mixed commercial/residential up to 3 levels. If the store was demo'd, you could build commercial at street level and 1 or more residential units up - ideal income property or live & work situation. The CC1 zoning also allows for one single family dwelling/lot subject to floor area ratio and lot coverage constraints. So, you could potentially get 4 doors on this property at a time when huge premiums are being paid for residential building lots. Possession: "As is, where is". Verify from City of Nanaimo as required. All information and measurements are approximate. Buyers, agents has to verify as required.
Listing courtesy of Coldwell Banker Slegg Realty (Nan)
- Detached 4,255
- Duplex 856
- Low-Rise 459
- Semi-Det. 392
- Blue Collar 4,253
- White Collar 3,235
- Certificate, diploma, degree 10,892
- High School 4,395
- No Certificate 3,633
- College 2,359
- Apprenticeship 2,052
MLS? system data provided by VIREB, copyright? 2018. The information is from sources deemed reliable but not relied upon with independent verification.