$2,500,000
$3,490,000
28.4%For more information regarding the value of a property, please contact us for a free consultation.
0.98 Acres Lot
SOLD DATE : 02/29/2024
Key Details
Sold Price $2,500,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 944630
Sold Date 02/29/24
Rental Info Unrestricted
Annual Tax Amount $12,402
Tax Year 2023
Lot Size 0.980 Acres
Acres 0.98
Property Description
HUGE OPPORTUNITY! 20 excellent, mixed size units located on approximately 1 acre, is currently an excellent holding property! Priced for Future and Best Use….a development of up to 98 units is a possibility here. With City approval of course. The current units located at 901 Island Highway include a Single Family home (2 bedroom,2 bath, with and workshop and a garage) 3x studio/bachelor, 12x 1 bedrooms, and 4x 2 bedrooms. The rents are currently increasing monthly. Many updates and renovations have been completed inside and outside of the buildings. A full information package is available. Please contact me for more information. All measurements are approximate.
Location
Province BC
County Parksville, City Of
Area Na South Nanaimo
Zoning R8
Exterior
Parking On Site 1
Utilities Available Cable To Lot
View Y/N 1
View Other
Total Parking Spaces 15
Building
Sewer Sewer To Lot
Others
Tax ID 000-727-792
Ownership Freehold
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Bought with Unrepresented Buyer Pseudo-Office
