Nanaimo Regional District, V9R 5H9
15 Front St
852204
MLS® Number
12,600 SqFt
Lot Size
$4,980,000
Listing by eXp Realty
Listing information last updated: Tue Apr 13 2021 17:52:45 GMT+0000 (Coordinated Universal Time)
This will be a new iconic building in Downtown Nanaimo by the water! The DT5 zoning allows various developments, including hotel, condo, and mixed commercial and residential use. The floor area ratio is 3.3, the lot coverage ratio is 100%, and the maximum height allowed is 19.8m. No parking required for a hotel building at this location. The city has indicated the potential to increase density and height. A plan for a proposed 89 room hotel was approved for building permit, and many other options are waiting. The Seller is open for a joint venture with a qualified buyer.
Full Address
15 Front St, Nanaimo BC V9R 5H9
MLS® Number
852204
Status
Active
Listing Price
$4,980,000
Property Type
Commercial Sale
Property Subtype
Unimproved Land
Year Built
Days on Market
222 Days
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MLS® Number
852204
Listing Price
$4,980,000
Status
Active
Property Type
Commercial Sale
Lot Size SqFt
12,600 SqFt
Lot Size Acres
0.29 Acres
Days on Market
222 Days
Tax Year
2019
Full Address
15 Front St, Nanaimo BC V9R 5H9
City
Nanaimo
Postal Code
V9R 5H9
District
Nanaimo Regional District
Zoning
DT5
MLS Area Major
Nanaimo
MLS Area Minor
Na Old City
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