Commercial Land for sale

2433 Summerset Rd, Nanoose Bay

$949,000 or
$949,000 or

Commercial Land for sale

2433 Summerset Rd, Nanoose Bay

Features

Lifestyle
970958 949000 /en/commercial-land~for-sale~nanoose-bay/970958?view=Summary /en/commercial-land~for-sale~nanoose-bay/970958/photos 49.2607000000 -124.1954100000 true
Lot Size
138,085 sqft
Gross Property Tax
$3,447 /year
Zoning
CM-5J
Additional Features
Acreage, Corner, Easy Access, Near Golf Course, Recreation Nearby, Rural Setting, Shopping Nearby

Description

Rare opportunity to invest in two titled properties totaling 3.17 acres, located at 2433 Summerset Road (2.04 Acres) and 2430 Island Hwy E (1.13 Acres). These parcels have a high visibility location with Island Highway frontage, making them ideal for a variety of commercial uses or residential use. Approximately a 5-minute drive to North Nanaimo, these properties are conveniently close to all levels of amenities. The proximity to Nanaimo also ensures easy connections to the lower mainland via multiple ferry services, float planes, and the Helijet. Both parcels are undeveloped, offering a blank canvas for your vision. With CM5 zoning, the possibilities are vast, including potential uses such as a hotel, pub, restaurant, residential, recreation facility, public assembly, resort vehicle park, and tourist centre. Don't miss this investment opportunity in a high-exposure, rapidly growing area. Plus GST. Information Package Available. Measurements approx. Verify data if important.
MLS® Number 970958

Listing REALTORS®

Brent Russell, REALTOR<sup>®</sup>

Brent Russell

REALTOR®

RE/MAX of Nanaimo

Travis Briggs, REALTOR<sup>®</sup>

Travis Briggs

REALTOR®

eXp Realty

Location

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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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