$899,999 FOR SALE

Commercial/Retail

426/436 Wharton St
Nanaimo, BC V9R 1W4 | University District

Incredible Investment Opportunity! Two legal lots for sale in the coveted University District. Endless possibilities await with multi-family development potential. The Official City Plan for this area is R7 or R8 zoning, making this a developer's dream. These lots are perfect for townhouses or apartment-style condominiums. One of the lots includes a charming 1961-built home featuring 4 bedrooms, 2 bathrooms, and a main level entry with a walk-out basement. Perfect for rental income while re-zoning. Located just five minutes from downtown, and a short stroll to recreation, shopping, transit and all levels of schools including VIU. Buyer to verify zoning and development potential. Measurements approximate, please verify if important. (id:47423)

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Listed By eXp Realty
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 955455
Last Updated Mar 07, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Neighbourhood University District
Price History
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Detailed Information
Features Central location, Other
Listing Contract Date 2024-03-07
Municipal ID 004-859-375
Ownership Type Freehold
Plan VIP12798
Property Type Other
Transaction Type For sale
Zoning Unknown
Building
Constructed Date 1961
Cooling Type None
Heating Fuel Oil
Heating Type Forced air
Size (Exterior) 2368 square feet
Type Commercial Mix
Land
Total Size 15120 square feet
Size of Irregular Land 15120
External Links

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