$2,950,000
$3,400,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
1.07 Acres Lot
SOLD DATE : 10/15/2024
Key Details
Sold Price $2,950,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 947310
Sold Date 10/15/24
Rental Info Unrestricted
Annual Tax Amount $36,208
Tax Year 2023
Lot Size 1.070 Acres
Acres 1.07
Property Description
FOR SALE Land, Building & Business with significant re-development potential. Located in Central Nanaimo, zoned Commercial COR3 Community Corridor with a future re-development focus toward mixed commercial & multi-family. This site is located in an area that has undergone unprecedented development in the last 10 years such as new multi-family buildings, office buildings, and the newly built Greenrock service commercial/industrial node which includes various businesses that will service the needs of the local community all within walking distance to the hospital, 5 minute drive to downtown & VIU. The property frontage is over 250 ft with the total lot size 1.07 acres. Improved with a 13,296 sq ft tilt up concrete frame building & utilized as a family owned successful Bowling Alley w/Escape Rooms. This is an excellent opportunity with various options. Operate as is, re-purpose the building to a commercial use, or re-develop to Commercial/Multi-Family. Information package available.
Location
Province BC
County Nanaimo, City Of
Area Na Central Nanaimo
Zoning COR-3
Interior
Flooring Mixed
Exterior
Parking On Site 1
Building
Lot Description Acreage, Central Location, Easy Access, Level, Recreation Nearby, Shopping Nearby
Sewer Sewer Connected
Water Municipal
Others
Restrictions Easement/Right of Way
Tax ID 004-233-034
Ownership Freehold
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Bought with Tetra Realty Advisors Inc.
