The ideal investment opportunity in the Old City Quarter. This development lot is .12 acre in size & nestled within the best selection of restaurants, specialty retail, pubs, & amenities, while being just a quick walk to Nanaimo’s downtown core. Currently an 18 stall parking lot, this is a golden opportunity to generate revenue while you formulate ideas to develop this space. The zoning for this level, no-thru road location allows for mixed commercial/residential use and a wide array of opportunities such as low-rise 15 to 33 units condo building that could feature ocean view rooftop patios & secured parking. Ask for a complete buyers package for review. All measurements are approximate and must be verified if important.
Listing courtesy of RE/MAX Of Nanaimo.