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$2,800,000
Est. payment /mo
1.75 Acres Lot
UPDATED:
02/20/2025 04:33 PM
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 988557
Rental Info Unrestricted
Annual Tax Amount $9,328
Tax Year 2024
Lot Size 1.750 Acres
Acres 1.75
Property Sub-Type Multi Family
Property Description
Investment/redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home/RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home sites, 8 RV sites, and 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher, with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Full package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning R12
Interior
Heating Baseboard, Electric
Heat Source Baseboard, Electric
Exterior
Exterior Feature Balcony/Deck
Parking On Site 1
Building
Lot Description Acreage, No Through Road, Shopping Nearby
Building Description Frame Wood, Basement
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood
Others
Pets Allowed Yes
Tax ID 004-605-535
Ownership Freehold
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Listed by Sutton Group-West Coast Realty (Nan)