1620 Loat St, Nanaimo, BC V9S 3L4
- $549,900
Courtesy of William Wright Commercial Real Estate Services
- List Price
- $549,900
- Status
- ACTIVE
- MLS®
- 1044119
- Property Type
- Commercial
- Acres
- 0.16
- Lot Size
- 7,230
- District
- Nanaimo
- Neighbourhood
- Na Departure Bay
Property Description
If you want to live/build in the best area of departure bay this is one of the best entrances tolive on a Clean 7200 sq ft lot surounded by mature established properties & set along theedge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with itsbeautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy yourretirement or develop a property in an attractive neighborhood this land can provide you with thecompetitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. Ifcombined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 unitsacross both lots. Utilizing the sewer right of way for site access/parking in a proposed development plan can quickly turn the typically viewed negative(right of way) into a nutrel/netpositive when looking to maximize your buildout. Single or multifamily development these sites areready for any of your future plans
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Additional Information
- Lot Features
- Rectangular Lot, Serviced, Southern Exposure
- Heating
- Baseboard, Electric
- Flooring
- Carpet, Laminate
- Exterior Features
- Fencing: Partial
- Parking Type
- On Site
- Taxes
- $2,535
- Rentals Allowed
- Unrestricted
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