3679 Shenton Rd, Nanaimo, BC V9T 2H1

$1,400,000

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Courtesy of 460 Realty Inc. (NA) Selling Office: RE/MAX of Nanaimo.

Sold Price
$1,400,000
List Price
$1,800,000
Status
SOLD
MLS®
939050
Closing Date
Oct 23, 2023
Property Type
Commercial
Acres
1.23
Lot Size
53,578
District
Nanaimo
Neighbourhood
Na Diver Lake

Property Description

Attention builders and investors! Waterfront acreage development site located on Diver Lake. High visibility in one of the most desirable area of north Nanaimo commercial hub. Near 2 busy highways. Final reading rezoning to "Corridor 1" with the city. Corridor 1 offers a wide variety of uses such as hotel, offices, and multi-family. Build a multi-functional building in this fast growing area. Allowed lot coverage under review of over 43,000 sq ft building with 4 levels including basement or 72 unit hotel with 72 parking spaces on 1.23 acres. Complete package of reports available with signed NDA.

Additional Information

Lot Features
Acreage, Cleared, Easy Access, Level, Near Golf Course, Serviced, Shopping Nearby, Walk on Waterfront
Parking Type
On Site
Taxes
$3,665
Rentals Allowed
Unrestricted

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Calculator source: Real Geeks

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