Active

1870 East Wellington Rd

Nanaimo BC, V9S 5X7

$3,400,000


$255.72 per sqft

Active

13,296 sqft

Commercial

FOR SALE Land, Building & Business with significant re-development potential. Located in Central Nanaimo, zoned Commercial COR3 Community Corridor with a future re-development focus toward mixed commercial & multi-family. This site is located in an area that has undergone unprecedented development in the last 10 years such as new multi-family buildings, office buildings, and the newly built Greenrock service commercial/industrial node which includes various businesses that will service the needs of the local community all within walking distance to the hospital, 5 minute drive to downtown & VIU. The property frontage is over 250 ft with the total lot size 1.07 acres. Improved with a 13,296 sq ft tilt up concrete frame building & utilized as a family owned successful Bowling Alley w/Escape Rooms. This is an excellent opportunity with various options. Operate as is, re-purpose the building to a commercial use, or re-develop to Commercial/Multi-Family. Information package available.

947310

MLS ID

October 30, 2023

Listed

July 19, 2024

Updated

Map

1870 East Wellington Rd
Nanaimo BC, V9S 5X7

Interior Features

Floor Description

Mixed


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.07 Acres


Lot Features

Acreage, Central Location, Easy Access, Level, Recreation Nearby, Shopping Nearby


Sewer

Sewer Connected

Other Property Details

Area Name

Nanaimo


Taxes

$36,208


Tax Frequency

Annually


Days on Market

262


Garage

No


Parking

On Site


View

No


County

Nanaimo, City of


Water Source

Municipal


Pool

No


Zoning

COR-3

Courtesy of RE/MAX of Nanaimo, Brent Russell

Listing Contact: 250-739-3633 

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