575 Milton St new

Nanaimo,BC V9R 2L2

$ 650000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1017872

Annual Tax Amount $12,303

Tax Year 2025

Lot Size 0.640 Acres

Property Sub-Type Unimproved Land

Property Description

Commercial, Residential, multi-family, live/work, mixed use development property located in a commercial and residential area of the Old City quarter ready for your development ideas. Newly constructed neighbouring townhome development with a small commercial component has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. Substantial vendor financing is available at attractive terms and rates for a qualified buyer.

Location

Province BC

County Nanaimo, City Of

Area Na Old City

Zoning DT11

Exterior

Parking On Site 1

Building

Lot Description Adult-Oriented Neighbourhood,Central Location,Cleared,Corner,Curb & Gutter,Easy Access,Family-Oriented Neighbourhood,Level,Marina Nearby,Near Golf Course,Recreation Nearby,Serviced,Shopping Nearby

Sewer Sewer Available,Sewer To Lot

Water Municipal,To Lot

Others

Acceptable Financing Agreement for Sale,Seller May Carry,VMC/VTB

Listing Terms Agreement for Sale,Seller May Carry,VMC/VTB

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