Commercial Land for sale
575 Milton St, Nanaimo
$650,000
Features
Lot Size
27,934 sqft
Gross Property Tax
$12,303 /year
Zoning
DT11
Additional Features
Adult-Oriented Neighbourhood, Central Location, Cleared, Corner, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Serviced, Shopping Nearby
Water Supply
MNCP, TOLT
Sewer/Septic
Sewer Available, Sewer To Lot
Description
Commercial, Residential, multi-family, live/work, mixed use development property located in a commercial and residential area of the Old City quarter ready for your development ideas. Newly constructed neighbouring townhome development with a small commercial component has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. Substantial vendor financing is available at attractive terms and rates for a qualified buyer.
MLS® Number 1017872