Business for sale

901 Island S Hwy, Nanaimo

$3,490,000 or
Contact the REALTOR®
Business for sale in Nanaimo, South Nanaimo, 901 Island S Hwy, 944630 | Realtylink.org
Business for sale in Nanaimo, South Nanaimo, 901 Island S Hwy, 944630 | Realtylink.org Business for sale in Nanaimo, South Nanaimo, 901 Island S Hwy, 944630 | Realtylink.org Business for sale in Nanaimo, South Nanaimo, 901 Island S Hwy, 944630 | Realtylink.org Business for sale in Nanaimo, South Nanaimo, 901 Island S Hwy, 944630 | Realtylink.org
$3,490,000 or

Business for sale

901 Island S Hwy, Nanaimo

Features

Lifestyle
944630 3490000 /en/business~for-sale~nanaimo/944630?view=Summary&uc=6 /en/business~for-sale~nanaimo/944630/photos 49.1456500000 -123.9310600000 true
Floor Area
10,756 sqft
Lot Size
42,688 sqft
Gross Property Tax
$12,402 /year
Zoning
R8
Amenities
Transit Nearby, Visual Exposure
View
Other
Major Business Type
Accommodation

Description

HUGE OPPORTUNITY! 20 excellent, mixed size units located on approximately 1 acre, is currently an excellent holding property! Priced for Future and Best Use….a development of up to 98 units is a possibility here. With City approval of course. The current units located at 901 Island Highway include a Single Family home (2 bedroom,2 bath, with and workshop and a garage) 3x studio/bachelor, 12x 1 bedrooms, and 4x 2 bedrooms. The rents are currently increasing monthly. Many updates and renovations have been completed inside and outside of the buildings. A full information package is available. Please contact me for more information. All measurements are approximate.
MLS® Number 944630

Listing REALTOR®

Kelly Whitton, REALTOR<sup>®</sup>

Kelly Whitton

REALTOR®
250-933-5333

RE/MAX of Nanaimo

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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