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254 Adderly Rd
Na University District V9R 6H4

$3,190,000
Commercial Sale

Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
869066
DEVELOPMENT OPPORTUNITY! Unprecedented Ocean & City view development site in Nanaimo. Located in an upscale residential neighbourhood close to Vancouver Island University all with spectacular views of Nanaimo & the Strait of Georgia, all the way to Vancouver. The design was approved under the previous zoning incorporating 10 single family lots & 26 luxury townhomes. R-10 zoning may allow double the number of townhomes. This 12.44 acre site has previous designs, plans, and reports under the previous zoning available for the new buyer. Buyers to verify with the City of Nanaimo regarding development requirements.
Property Type:
Commercial Sale
Type:
Other
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na University District, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
12.44 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R-1, R-10
Units in Building:
Units in Community:
Occupancy:
Vacant
Total Parking Spaces:
0
Total Units:
Date Listed:
Mar 08, 2021
Original Price:
3190000.0
Listed by Century 21 Harbour Realty Ltd.
Data was last updated July 25, 2021 at 07:30 AM (UTC)
Area Statistics
Listings on market:
100
Avg list price:
$1,225,000
Min list price:
$32,500
Max list price:
$15,500,000
Avg days on market:
123
Min days on market:
2
Max days on market:
867
These statistics are generated based on the current listing's property type and located in Nanaimo. 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.