Active
4900 Rutherford Rd
Nanaimo BC, V9T 4Z4
$4,200,000
Active
Commercial
Nanaimo serves as a hub for many central and northern Vancouver Island communities, but has recently seen many significant developments plus reinvigoration of the downtown as a tourism and commerce center. It has the mildest climate in Canada with growing jobs and business opportunities and increasingly more retirees and seniors are relocating here. This prime site can be developed on its own or combined with the 2 adjoining properties as a package. It has existing designs for 65room hotel expansion and convention facility or 33 strata condos with commercial, health spa and retail. These designs do not reflect the current higher density and height designations prevalent in the area recently. It is a perfect location for a senior/care facility, as there are many in the area of Long Lake. It is zoned COR2 with base density of 1.25 up to 1.75 FSR on its own. Combined with the adjoining sites, it may achieve density well over 2.0 FSR.
977920
MLSⓇ ID
October 4, 2024
Listed
October 14, 2024
Updated
Map
4900 Rutherford Rd
Nanaimo BC, V9T 4Z4
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.2 Acres
Lot Features
Corner Lot, Easy Access, Near Golf Course, Shopping Nearby, Sloped, See Remarks
Sewer
Sewer Available
Other Property Details
Area Name
Nanaimo
Taxes
$24,823
Tax Frequency
Annually
Days on Market
6
Garage
No
Parking
On Site
View
No
County
Nanaimo, City of
Water Source
Municipal
Pool
No
Zoning
COR2
Courtesy of Sutton Group-West Coast Realty Marine Drive, Paul Murphy
Listing Contact: 604-790-1586
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