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328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 963650

328 Kennedy St Nanaimo V9R 2J1 : Na Old City

Main Photo: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 963650
$924,900
Prop. Type:
Commercial Sale
MLS® Num:
963650
Status:
Active
Developer Alert! Opportunity knocks in Old City. The door is whatever you build beyond it! Don’t miss this RARE legal double lot property located in the heart of beautiful and historical Old City Quarters in Nanaimo, BC. The single-family home is situated on the larger lot and does not straddle both properties. This enables you to start building (without the removal of the home) immediately with approvals from the city. Currently zoned R13 Duplex/multi-family, it allows for many options! The city is currently encouraging higher density in the Official Community Plan (OCP), and therefore, a higher density rezone or a property line variance should be encouraged. Contact us for a full information package! Don’t miss out on this rare property waiting for your future development. All measurements are approximate.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure14,117.498 sq. ft.
Taxes:
Ceiling Heights:
Switch units of measure
Total Building Area:
Switch units of measure1,758 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R13
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
May 13, 2024
Original Price:
924900.0
Listed by RE/MAX of Nanaimo
Data was last updated June 30, 2024 at 04:05 PM (UTC)
RICK HORSLAND
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.