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Listing by Nita Sihota Sutton Group-West Coast Realty (Nan)
$2,249,000
Est. payment /mo
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $749
MLS Listing ID 1025216
HOA Y/N No
Annual Tax Amount $10,000
Tax Year 2025
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Multi Family
Property Description
Exceptional Development Opportunity in Nanaimo!
An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island's fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area.
Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city's high demand for quality rental housing ensures strong long-term value and income potential.
Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call us today for more info. Measurements approx. Buyer to verify if fundamental to purchase
An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island's fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area.
Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city's high demand for quality rental housing ensures strong long-term value and income potential.
Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call us today for more info. Measurements approx. Buyer to verify if fundamental to purchase
Location
Province BC
County Nanaimo, City Of
Community Na Central Nanaimo
Area Nanaimo
Zoning RM5
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Garage No
Others
Ownership Freehold
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