Active
622/626/630 Fourth St
Nanaimo BC, V9R 1V3
$1,950,000
$588.77 per sqft
Active
3,312 sqft
Commercial
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.
982742
MLSⓇ ID
December 5, 2024
Listed
December 5, 2024
Updated
Map
622/626/630 Fourth St
Nanaimo BC, V9R 1V3
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.48 Acres
Other Property Details
Area Name
Nanaimo
Taxes
$9,812
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
On Site
View
No
County
Nanaimo, City of
Pool
No
Courtesy of eXp Realty, Myles McCullough
Listing Contact: 250-591-1160
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