1691 Boundary Ave Nanaimo, British Columbia V9S 1J8
$3,500,000
Excellent holding property and/or development site located across the street from Nanaimo Regional General Hospital. This property feature 2 seperate 6 unit apartment buildings that provide solid income and low vacancies. The property is zoned R8 and will allow for approx 40,000 sq/ft to be built with underground parking and by meeting tier 1 requirements (buyers to do their own due diligence). The city may support a rezoning to allow mixed use or higher density also. With 3 road frontages and an ideal location to take advantage of our growing hospital and health care worker population, this opportunity in very unique. (id:16027)
Property Details
| MLS® Number | 930500 |
| Property Type | Multi-family |
| Neigbourhood | Central Nanaimo |
| Features | Level Lot |
Building
| Heating Type | Baseboard Heaters |
| Size Exterior | 11484 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 0.57 |
| Size Total | 0.57 Ac |
| Size Total Text | 0.57 Ac |
| Zoning Description | R8 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/25535152/1691-boundary-ave-nanaimo-central-nanaimo
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June 08 2023 12:41:57
Vancouver Island Real Estate Board
Exp Realty