Commercial property for sale

1415 Loat St, Nanaimo

$1,975,000 or
$1,975,000 or

Commercial property for sale

1415 Loat St, Nanaimo

Features

Lifestyle
968954 1975000 /en/commercial-property~for-sale~nanaimo/968954?view=Summary /en/commercial-property~for-sale~nanaimo/968954/photos 49.2031100000 -123.9716400000 true
Lot Size
33,520 sqft
Gross Property Tax
$8,087.37 /year

Description

This Development Site is walking distance to the beautiful Kinsmen Park and beach/ocean. The site will benefit from unobstructed ocean views and nearby amenities including a few minutes drive from shopping and the BC Ferries terminal all within the desirable area of Departure Bay. The site is currently undergoing a rezone to CC2 which would allow for the proposed development of 13 townhomes. The site is unique as it currently runs as an AirBnB for 3 of the self contains units which allows for income while in the planning stage without the hassle of permanent tenancy. Planning rationale and further information is available by contacting the listing agent direct.
MLS® Number 968954

Listing REALTOR®

Cory Wright, REALTOR<sup>®</sup>

Cory Wright

REALTOR®

William Wright Commercial Real Estate Services

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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