Listing Details for 531 2nd St, Nanaimo - MLS® #879737

Other Commercial Mix For Sale 799,000

Commercial Mix For Sale at $799,000

Email a Friend About This Property Now!

MLS® #879737 - Nanaimo Commercial Mix For sale Image #1MLS® #879737 - Nanaimo Commercial Mix For sale Image #2MLS® #879737 - Nanaimo Commercial Mix For sale Image #3MLS® #879737 - Nanaimo Commercial Mix For sale Image #4MLS® #879737 - Nanaimo Commercial Mix For sale Image #5MLS® #879737 - Nanaimo Commercial Mix For sale Image #6MLS® #879737 - Nanaimo Commercial Mix For sale Image #7

Basic Details

Listing ID
23380334
MLS® Number
879737
Street Address
531 2nd St
Street Number
531
Street Name
2nd
City
Nanaimo
Postal Code
V9R1X7
Property Type
Other
Price
799,000
Ownership Type
Freehold
Zoning Description
CC1
Municipal Id
007-179-049
Neighbourhood
University District
Features
Level lot, Corner Site
Zoning Type
Unknown
More Details...

Property Description

Double commercial (CC1) lots property in the core of University. The building comes with a store space and 2-bedroom suite plus a detached garage. The suite currently is rented with $1,400/m with month to month term. The CC1 zoning provides for small scale and community services within neighbourhoods & allows mixed commercial/residential up to 3 levels. If the store was demo'd, you could build commercial at street level and 1 or more residential units up - ideal income property or live & work situation. The CC1 zoning also allows for one single family dwelling/lot subject to floor area ratio and lot coverage constraints. So, you could potentially get 4 doors on this property at a time when huge premiums are being paid for residential building lots. Possession: ''As is, where is''. (id:8145)

Contact us now for more info or for a viewing!


Full Details

Land

Size
5672 sqft
Irregular
5672

Building

Building Type
Commercial Mix
Size (Exterior)
1500 sqft
Top

Listed by Sutton Group-West Coast Realty (Nan)

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.

Listing information last updated on Mon, 28 Jun 2021 02:40:58 GMT.