$3,000,000

Investment For Sale In Five Acres, Nanaimo, British Columbia

$3,000,000

Property Information:

Investment/redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home/RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home , 8 RV, 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Rull package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.

Property Features:

  • Annual Tax Amount: $8,498
  • Building Features: Basement
  • Business Type: Mobile/Trailer Park
  • Construction Materials: Frame Wood
  • Exterior Features: Balcony/Deck
  • Floor Space (approx): 4000 Square Feet
  • Heating: Baseboard, Electric
  • Lot Features: Acreage, No Through Road, Shopping Nearby
  • Lot Frontage: 76230 Square Feet
  • Lot Size: 1.75 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Water Source: Municipal
  • Zoning: R12
  • Sewer:

Courtesy of: Sutton Group-West Coast Realty (Nan)

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