Property Attributes
- MLS#1050394
- TypeCommercial
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa Central Nanaimo
- Postal CodeV9S 3M3
- StyleMulti Family
- Taxes$ 1602000
- Price$ 1,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3000
- Lot Size0.5 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description
Exceptional Development Opportunity in Nanaimo! An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island’s fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area. Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city’s high demand for quality rental housing ensures strong long-term value and income potential. Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call us today for more info. Measurements approx. Buyer to verify if fundamental to purchase
General Features
| Zoning | RM5 |
|---|---|
| Property Subtype | Multi Family |
| Property Type | Commercial Sale |
| Commercial Area | Core (excl Downtown) |
| Commercial Listing Type | Building,Land |
Interior Features
| Total Units | 3 |
|---|
Exterior Features
| Building Area Total | 3000.00 |
|---|---|
| Lot Size Square Feet | 21780.00 |
| Lot Size Acres | 0.50 |
| Parking Onsite YN | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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