BC > Nanaimo
Nanaimo, BC V9R 1V3,622/626/630 Fourth St
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Nanaimo, BC V9R 1V3,622/626/630 Fourth St
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Dustin Miller

Dustin Miller

8X Real Estate

+1(778) 678-9815
$ 1,950,000
Est. payment /mo
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Active

622/626/630 Fourth St Nanaimo, BC V9R 1V3

0.48 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 982742

Rental Info Unrestricted

Annual Tax Amount $9,812

Tax Year 2024

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Multi Family

Property Description

Discover an exceptional chance to acquire a prime development property in Nanaimo's University District. Situated at 622, 626, and 630 Fourth Street, this offering includes three identical lots, each with lane access and cumulatively spanning over 20,000 square feet. Located just a short stroll from the Vancouver Island University campus, this site is perfectly positioned for a potential condominium or rental project that would appeal to faculty, students, and families alike. With the potential to construct 24 units or more, this property presents a profitable opportunity for developers eager to meet the increasing housing demand in the region. Highlighted is a neighboring project on a similar site that successfully underwent rezoning and secured permits within just 7 months, illustrating the potential for rapid project initiation. Don't let this unique opportunity to secure a prime development site in one of Nanaimo's most sought-after locations slip away.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Exterior

Parking On Site 1

Others

Pets Allowed Yes

Ownership Freehold

Listed by eXp Realty (CX)
agent

Dustin Miller

Broker | License ID: 166888

+1(778) 678-9815

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