Multi-family for sale
1226 Lawlor Rd, Nanaimo
$3,000,000
Features
Floor Area
4,000 sqft
Lot Size
76,230 sqft
Gross Property Tax
$8,586 /year
Zoning
R12
Amenities
Balcony/Deck, Basement
Additional Features
Acreage, No Through Road, Shopping Nearby
Total no. of Units
3
Description
Investment/redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home/RV Park with 2 homes, ideal for redevelopment, zoned R12. This property is a great investment with future redevelopment potential. Includes 3 structures. A 1600 ft2 2 level character home rented out and used the mangers' office (needs TLC), also a 750 ft2 2-bedroom 1-bathroom detached cottage and a 1500 ft2 storage building. 27 rental units, 14 Mobile home, 8 RV, 3 park model, 2 homes and 4 storage units. End of no through road, connected to city sewer and water. Flat site. Storage units are vacant, as well 7 sites not collecting rent, Potential rent is much higher. See full package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.
MLS® Number 938896