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2223&2225 Rosstown Rd Nanaimo, British Columbia V9T 3R4

Baseboard Heaters

$1,099,800

Opportunity to obtain two side by side properties on separate titles with four suites and solid revenue - tenants are in place offering over a 5% CAP rate at the current asking price. The location is positioned in the heart of Nanaimo opposite Beban Park Recreational Centre and Frank Crane Arena just off of the north end of Bowen Road close to all amenities, on a major bus route and walking distance to shopping, recreation and dining. Currently zoned R1, there is potential to rezone the property as per the OCP (Official Community Plan) designation of Corridor offering a multitude of options including but not limited to a condo development site, town homes, care facility, commercial, etc. Refer to City of Nanaimo Corridor 1, 2 or 3 zoning for clarification of OCP future use. (id:24231)

Business

Business Type Accommodation

Property Details

MLS® Number 860306
Property Type Multi-family
Neigbourhood Diver Lake
Features Central Location, Level Lot, Private Setting, Corner Site, See Remarks, Other, Rectangular, Marine Oriented
Plan 33003
View Type Mountain View

Building

Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters
Type Multi-family

Land

Acreage No
Size Irregular 12916
Size Total 12916 Sqft
Size Total Text 12916 Sqft
Zoning Description R1
Zoning Type Unknown

https://www.realtor.ca/real-estate/22591250/22232225-rosstown-rd-nanaimo-diver-lake

Interested?

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