This listing includes 2019 Bowen Rd and 1985 Island Diesel Way totaling 117,045 sqft of flat, usable land. Both properties are zoned COR2 which allows for mixed use, street-oriented development. These two lots with high visibility location offer an incredible opportunity for investors or developers! COR2 permits multi-family development, commercial strip mall, up to 1.75 FSR and up to 5 Story buildings with city bonuses. Buyer to verify with the City of Nanaimo. The options are endless. This location is highly desirable with easy access to amenities, schools, parks and transportation. Don't miss your chance to secure this solid investment opportunity!
Address |
2019 Bowen Rd |
List Price |
$6,995,000 |
Property Type |
Residential |
Type of Dwelling |
Land |
Area |
Nanaimo |
Sub-Area |
Na Central Nanaimo |
Lot Size |
117045 Ac. |
Lot Size Acres |
2.69 Ac. |
MLS® Number |
974544 |
Listing Brokerage |
460 Realty Inc. (NA)
|
Postal Code |
V9S 5W6 |
Tax Amount |
$28,318 |
Tax Year |
2022 |
Amenities |
Acreage, Central Location, Easy Access, Serviced, Shopping Nearby |