Nanaimo, City of, V9T 3R4

2223 Rosstown Rd

854805

MLS® Number

12,916 SqFt

Lot Size

$1,149,600

Listing by Royal LePage Coast Capital - Westshore

Listing information last updated: Fri Sep 18 2020 10:06:14 GMT+0000 (Coordinated Universal Time)

Opportunity to obtain two side by side properties on separate titles with solid revenue - tenants in place offering over a 5% CAP rate at the current asking price. The location is positioned in the heart of Nanaimo opposite Beban Park Recreational Centre and Frank Crane Arena just off of the north end of Bowen Road close to all amenities, on a major bus route and walking distance to shopping, recreation and dining. Currently zoned R1, there is potential to rezone the property as per the OCP (Official Community Plan) designation of Corridor offering a multitude of options including but not limited to a condo development site, town homes, care facility, etc. Buyers to do their own due diligence regarding rezoning potential.

Full Address

2223&2225 Rosstown Rd, Nanaimo BC V9T 3R4

MLS® Number

854805

Status

Active

Listing Price

$1,149,600

Property Type

Commercial Sale

Property Subtype

Multi Family

Year Built

Days on Market

3 Days

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MLS® Number

854805

Listing Price

$1,149,600

Status

Active

Property Type

Commercial Sale

Lot Size SqFt

12,916 SqFt

Lot Size Acres

0.29 Acres

Days on Market

3 Days

Tax Annual Amount

$5,807.73

Tax Year

2019

Full Address

2223&2225 Rosstown Rd, Nanaimo BC V9T 3R4

City

Nanaimo

Postal Code

V9T 3R4

District

Nanaimo, City of

Zoning

R1

MLS Area Major

Nanaimo

MLS Area Minor

Na Diver Lake

Directions

Off Bowen Road onto Rosstown Road, opposite Beban Park Recreational Centre & Frank Crane Arena

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