$499,000

House For Sale In City Center/Protection Island, Nanaimo, British Columbia

$499,000

Property Information:

This lot is tarmac currently generating revenue as a month to month parking lot. The property is zoned DT5 which provides for higher density residential developments. The property is located opposite 77 Chapel St that has an approved Development Permit to construct three - six storey buildings totaling 157 residential units. It is also located close to 91 Chapel St, a 61 condo unit development that was completed in 2019. The property is located 5 minutes from downtown restaurants and the Nanaimo Harbour Front.

Property Features:

  • Annual Tax Amount: $7,012
  • Lot Features: Central Location, Cleared, Level
  • Lot Frontage: 4740 Square Feet
  • Lot Size: 4740.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Other
  • Zoning: DT5

Courtesy of: NAI Commercial Central Vancouver Island Ltd.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.