1.35 Acre Waterfront Development Land Nanaimo

New Listing
Bedrooms   |   Bathrooms full   |   sq.ft.   |  
* WATERFRONT MULTI-FAMILY & COMMERCIAL DEVELOPMENT LAND, Uptown Nanaimo - On the market for the first time in 30 years, rare 1.35-acre urban lakefront development property with outstanding water views in a central location walking distance to restaurants, groceries, cafes, shops, clinics, and other amenities. Recently rezoned to COR2, which provides for mixed commercial & residential development.  Land Size: Approx. 1.3 Acres Density: 1.25 Height: 18 meters, 5 storeys. Frontage: approx. 105 meter lake frontage / 120 meter road frontage. Current Building: 3 bedroom, 4000SF lakefront house & garage, Built in 1965. Current Income: House could be rented for approx. $24,000/year.   Click here to view video
Contact Annette for more information about this property: Email: asaliken@sutton.com Call or text: (604) 369-6923 Schedule a meeting

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