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.
Address
6960 Lantzville Rd
List Price
$2,100,000
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Lower Lantzville
Lot Size
75794 Sq. Ft.
Lot Size (Acres)
1.74 Ac.
MLS® Number
1052240
Listing Brokerage
Royal LePage Coast Capital Realty
Postal Code
V0R 2H0
Tax Amount
$4,658.00
Tax Year
2020
Amenities
Acreage, Central Location, Shopping Nearby