Active
1303 Junction Ave
Nanaimo BC, V9R 6R6
$2,500,000
$1,069.75 per sqft
Active
2,337 sqft
Commercial
Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.
966094
MLSⓇ ID
June 4, 2024
Listed
October 14, 2024
Updated
Map
1303 Junction Ave
Nanaimo BC, V9R 6R6
Interior Features
Floor Description
Mixed
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Electric, Heat Pump, Heat Recovery
Exterior/Building Features
Lot Size
1.42 Acres
Exterior Features
Balcony/Deck, Balcony/Patio, Fenced
Lot Features
Acreage, Cleared, Easy Access, Irregular Lot, Landscaped, Level, Shopping Nearby
Sewer
Sewer Connected
Other Property Details
Area Name
Nanaimo
Taxes
$4,774
Tax Frequency
Annually
Days on Market
2
Garage
No
Parking
On Site
View
No
County
Nanaimo, City of
Water Source
Municipal
Pool
No
Zoning
R1
Courtesy of RE/MAX of Nanaimo, Brent Russell
Listing Contact: 250-739-3633
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