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Listing by Greg Sabo Royal LePage Coast Capital Realty
$2,100,000
Est. payment /mo
1.74 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1052240
HOA Y/N No
Annual Tax Amount $4,658
Tax Year 2020
Lot Size 1.740 Acres
Acres 1.74
Property Sub-Type Unimproved Land
Property Description
1.74 Acre high visibility location on the edge of one of Canada's and BC's fastest growing communities. Current zoning allows Assembly, Child care, Community care, Cultural Service, Funeral service, Health service, Indoor recreation, Market, Office, School, Restaurant, Seniors home., etc. etc. Combine with MLS No. 1052238 for a 3.04 acre development. Development potential for the combined parcel is estimated at 120,000 square feet of buildable area (50% parcel coverage to a maximum of 8 meters) over a flat, gently sloping landscape. Potential to re-zone with the OCP supporting multi-family structures. Any re-zoning would have to be confirmed by the buyer. An Engineering study has been completed and could be made available. Independent appraisal available to support listing value.
Location
Province BC
County Lantzville, District Of
Community Na Lower Lantzville
Area Nanaimo
Zoning CS
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Street Surface Paved
Garage No
Building
Lot Description Acreage, Central Location, Shopping Nearby
Others
Restrictions ALR: No
Ownership Freehold
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