Listing Details for 2120 & 2122 Bowen Rd, Nanaimo - MLS® #882125

Multi-family Multi-Family For Sale 1,000,000

Multi-family Multi-Family For Sale at $1,000,000

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Basic Details

Listing ID
23439954
MLS® Number
882125
Street Address
2120 & 2122 Bowen Rd
Street Name
Bowen
City
Nanaimo
Postal Code
V9S1H7
Property Type
Multi-family
Price
1,000,000
Ownership Type
Freehold
Zoning Description
R-1
Municipal Id
004-176-871/004-176-901
Neighbourhood
Central Nanaimo
Features
Central location, Curb & gutter, Level lot, Southern exposure, Other, Rectangular
Zoning Type
Unknown
More Details...

Property Description

Located on a corner lot at an arterial road backing onto residential and school lands, this is an excellent opportunity for a multifamily development. The properties total 16,397 square feet. Currently zoned R-1 Single Family Residential, the seller has commenced the rezoning process and has surveys and plans available for a 28-unit apartment project. The property fronts onto Bowen Road, a main arterial road with a growing number of commercial and multifamily properties. Located at the intersection of Latimer Road, the property also backs onto Robbie Place, providing road frontage on three sides and offering good access and site development flexibility. The Bowen Road Corridor offers an interesting mix of retail, service, recreational facilities and professional businesses as well as a rapidly escalating residential population. This area is regarded as a key urban growth node in Nanaimo's Official Community Plan. This property is on a bus route and many shops such as Quality Foods, Country Grocer, TD Bank, Tim Horton's, Rexall Drugs and Subway are within walking distance. (id:8145)

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Full Details

Land

Size
16397 sqft
Irregular
16397
Access Type
Road access

Building

Building Type
Multi-Family
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Listed by NAI Commercial Central Vancouver Island Ltd.

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Listing information last updated on Fri, 23 Jul 2021 00:41:09 GMT.