Lot for sale
Lot 4 Hecate St, Nanaimo
$514,900
Features
Style
Main Level Entry with Upper Level(s)
Year Built
1911
Lot Size
6,336 sqft
Gross Property Tax
$4,574 /year
Zoning
R15
Additional Features
Corner, Recreation Nearby, Shopping Nearby
Description
Just around the corner from the historic Nob Hill park, adjacent the old city quarter and just minutes away from every transportation option to the mainland you’ll find 528 Hecate St. Sitting on a 6,336 sq ft corner lot with R15 Old City Medium Density Residential zoning in place, this property opens the door for redevelopment ideas in an area that continues to evolve. Although the current home has been boarded up for safety, the opportunity here is all about the land, location, and future potential. A demolition quote is available for buyers looking to start fresh. If bringing this 1911 home back to life IS possible there’s currently over 2,800 square feet of structure on site plus an additional unauthorized dwelling at the rear of the property. This is definitely a project… but for the right buyer, builder, or developer, there may be an exciting opportunity to reimagine this property entirely. Seller has preliminary plan available as part of purchase price.
MLS® Number 1038638