Water Views
Address
510 Terminal Ave N Nanaimo, BC
Price
$ 699,900
Property Attributes
- MLS#861375
- TypeCommercial
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa Central Nanaimo
- Postal CodeV9S 4K2
- StyleMulti Family
- Taxes2510
- Price$ 699,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2569
- Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Sutton Group-West Coast Realty (Nan)
Property Description
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 13,068 sq ft (if 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.
General Features
| Commercial Area | Downtown |
|---|---|
| Commercial Listing Type | Building, Land |
| Construction Materials | Frame Wood, Insulation: Ceiling, Insulation: Walls, Vinyl Siding |
| Flooring | Mixed |
| Heating | Baseboard, Electric |
| Property SubType | Multi Family |
| Property Type | Commercial Sale |
| Sewer | Sewer Connected |
| View | City, Mountain(s), Ocean |
| Zoning | COR 2 |
Interior Features
| Total Units | 1 |
|---|
Exterior Features
| Building Area Total | 2569.00 |
|---|---|
| Building Features | Basement, Kitchen/Staff Room, Laundry Room, Shopping Nearby, Storage Room, Transit Nearby, Visual Exposure, See Remarks |
| Exterior Features | Low Maintenance Yard, Sign: Allowed, See Remarks |
| Foundation | Poured Concrete |
| Lot Description | Central Location, Curb & Gutter, Easy Access, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks |
| Lot Size Acres | 0.20 |
| Lot Size Dimensions | 66 x 132 |
| Lot Size Square Feet | 8712.00 |
| Parking Onsite Yn | Yes |
| View Yn | Yes |
| Water Source | Municipal |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Postal Code Average in V9S 4K2
Price
Taxes
Visits
Walkscore
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