622/626/630 Fourth St Nanaimo, British Columbia V9R 1V3
$1,950,000
Discover an exceptional chance to acquire a prime development property in Nanaimo's University District. Situated at 622, 626, and 630 Fourth Street, this offering includes three identical lots, each with lane access and cumulatively spanning over 20,000 square feet. Located just a short stroll from the Vancouver Island University campus, this site is perfectly positioned for a potential condominium or rental project that would appeal to faculty, students, and families alike. With the potential to construct 24 units or more, this property presents a profitable opportunity for developers eager to meet the increasing housing demand in the region. Highlighted is a neighboring project on a similar site that successfully underwent rezoning and secured permits within just 7 months, illustrating the potential for rapid project initiation. Don't let this unique opportunity to secure a prime development site in one of Nanaimo's most sought-after locations slip away. (id:59116)
Property Details
| MLS® Number | 982742 |
| Property Type | Multi-family |
| Neigbourhood | University District |
Building
| SizeExterior | 3312 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| SizeIrregular | 20909 |
| SizeTotal | 20909 Sqft |
| SizeTotalText | 20909 Sqft |
| ZoningType | Unknown |
https://www.realtor.ca/real-estate/27715243/622626630-fourth-st-nanaimo-university-district
Interested?
Contact us for more information
Myles Mccullough
Personal Real Estate Corporation
#2 - 3179 Barons Rd
Nanaimo, British Columbia V9T 5W5
Natasha Koch
Personal Real Estate Corporation, Van City Home Team
#1500 - 701 West Georgia Street
Vancouver, British Columbia V7Y 1G5
Jason Simard
Personal Real Estate Corporation
#2 - 3179 Barons Rd
Nanaimo, British Columbia V9T 5W5
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 05 2024 06:22:15
Vancouver Island Real Estate Board
Exp Realty (Na), Exp Realty
