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15 Front St
Na Old City V9R 5H9

$4,980,000
Commercial Sale

Main Photo: 15 Front St in : Na Old City Unimproved Land for sale (Nanaimo)  : MLS®# 852204
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
852204
This will be a new iconic building in Downtown Nanaimo by the water! The DT5 zoning allows various developments, including hotel, condo, and mixed commercial and residential use. The floor area ratio is 3.3, the lot coverage ratio is 100%, and the maximum height allowed is 19.8m. A plan for a proposed 89 room hotel was approved for building permit, and many other options are waiting.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.29 acre(s)
Lot Details:
126 x 100
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Ocean
Main Level
0
Yes
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Zoning:
DT5
Occupancy:
Vacant
Lot Site Features:
Central Location, Cleared, Corner Lot, Easy Access, Level, Marina Nearby, Serviced, Shopping Nearby
Date Listed:
Aug 17, 2020
Original Price:
4980000.0
  • Photo 1: 15 Front St in : Na Old City Unimproved Land for sale (Nanaimo)  : MLS®# 852204
    Photo 1 of 1
Listed by Selina Xia* of eXp Realty
Data was last updated February 26, 2021 at 12:05 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$739,900
Min list price:
$15
Max list price:
$9,900,000
Avg days on market:
76
Min days on market:
1
Max days on market:
598
These statistics are generated based on the current listing's property type and located in Na Old City. Average values are derived using median calculations.
Blaine Thurlow
Michelle Thurlow
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.