Just Listed
Address
307, 311,315 Holly Ave, Nanaimo, BC
Price
$ 1,800,000
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

Property vs Commercial Average in V9S 3M3

Price
AVG $1.8M
$1.8M
Taxes
AVG $1,602,000
$1,602,000

Areas We Cover