Nanaimo, BC V9R 4K6,880 Hecate St
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Nanaimo, BC V9R 4K6,880 Hecate St
Nanaimo, BC V9R 4K6,880 Hecate St
Nanaimo, BC V9R 4K6,880 Hecate St
Nanaimo, BC V9R 4K6,880 Hecate St
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$ 799,000
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880 Hecate St Nanaimo, BC V9R 4K6

9,583 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 996780

Rental Info Unrestricted

Annual Tax Amount $5,916

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Mixed Use

Property Description

Prime Development Opportunity in South Nanaimo Located within walking distance from downtown Nanaimo, this exceptional property presents a unique investment opportunity. Currently, the property includes a commercial space on the main floor and a 2-bedroom rental suite above, providing immediate rental income. What truly sets this property apart is the approved development permit for a Craftsman-inspired, 2.5-story "missing middle" housing project. Plans include four 1-bedroom and four 2-bedroom units, many featuring rooftop balcony access. This provides a fantastic opportunity for a developer to create a modern, high-demand multifamily property in a prime location. Don't miss this chance to invest in a property that offers both immediate returns and future development potential. All Measurements Approx. Verify if Important.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning R15

Interior

Heating Electric

Flooring Laminate, Linoleum

Heat Source Electric

Exterior

Exterior Feature Fencing: Partial

Parking On Site 1

Building

Foundation Poured Concrete

Structure Type Frame Wood,Insulation: Ceiling,Insulation: Walls,Wood

Others

Pets Allowed Yes

Tax ID 008-811-679

Ownership Freehold


Listed by RE/MAX of Nanaimo
agent

Dustin Miller

Broker | License ID: 166888

+1(778) 678-9815

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