Nanaimo, City of, V9S 4K2
510 Terminal Ave
863452
MLS® Number
8,712 SqFt
Lot Size
$699,900
Listing by Sutton Group-West Coast Realty (Nan)
Listing information last updated: Wed Feb 24 2021 16:23:18 GMT+0000 (Coordinated Universal Time)
Attention Developers!! Prime, Oceanview, Multi-Family Development Property, on Nanaimo's busiest traffic corridor, in the heart of Downtown! COR2 zoning allows for Multi family apartment, or mixed multifamily and commercial building up to 15,246 sq ft (if underground parking provided and Tier 1 requirements met). Property improved w/large, 4-BD, 2-BTH, Oceanview, character home to provide great holding income while exploring development opportunities. The house could also be converted to high-end office space; the central location, high-traffic exposure and ample off-street parking make it ideal for a lawyer/accountant office/medical clinic which would provide great holding income. Plus, available hazmat report indicates no asbestos and low property taxes. Awesome multi-family development potential, offering breathtaking ocean, city, and mountain views - close to shopping, BC Ferries, Hospital, seaplane terminal, marinas, parks and short walk to Seawall and Yacht Club.
Full Address
510 Terminal Ave N, Nanaimo BC V9S 4K2
MLS® Number
863452
Status
Active
Listing Price
$699,900
Property Type
Commercial Sale
Property Subtype
Multi Family
Year Built
​
Days on Market
30 Days
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MLS® Number
863452
Listing Price
$699,900
Status
Active
Property Type
Commercial Sale
Lot Size SqFt
8,712 SqFt
Lot Size Acres
0.2 Acres
Days on Market
30 Days
Tax Annual Amount
$2,510
Tax Year
2020
Full Address
510 Terminal Ave N, Nanaimo BC V9S 4K2
City
Nanaimo
Postal Code
V9S 4K2
District
Nanaimo, City of
Zoning
COR 2
MLS Area Major
Nanaimo
MLS Area Minor
Na Central Nanaimo
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