Investment and Development opportunity in Nanaimo on Vancouver Island. Situated behind a large-scale indoor-outdoor mall located on a side road from the main thoroughfare is this 8400 sq ft flat lot with an approx. 1,300 sq ft standalone commercial building built in 1997, currently being leased to a restaurant which allows for 30 seats. The building itself underwent many upgrades in 2018 including all new kitchen equipment which is owned by the seller. Zoning is Corridor 3 which allows many uses including a Multi Family development which would allow a 4-6 story building. This is a great development site in a very strategic location close to bus routes and within an area of a variety of residential homes, complexes, retail shopping, Dr’s offices, schools, parks & trails all nearby. Collect the revenue from the Tenant while you plan your development. Information package available. (id:52782)
MLS® Number | 940231 |
Property Type | Other |
Neigbourhood | Uplands |
Features | Level Lot, Other |
Size Exterior | 1288 Sqft |
Type | Commercial Mix |
Access Type | Road Access |
Acreage | No |
Size Irregular | 8401 |
Size Total | 8401 Sqft |
Size Total Text | 8401 Sqft |
Zoning Description | Cor3 |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/25908924/3026-ross-rd-nanaimo-uplands
Contact us for more information
Brent Russell
Personal Real Estate Corporation
(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxofnanaimo.com/