Discover the potential of this 6900 sq.ft. R5 zoned property! Located in a central area of Nanaimo, this lot offers easy access to transit, parks, bus routes, schools, and shopping. Currently featuring a cute 870 sqft 2 bed 1 bath rancher, this property presents a unique opportunity: renovate the existing home or develop a multi-dwelling property, subject to city approvals. The level lot is easy to build on and connected to city services. Offered as an estate sale, this property is sold "as is." Unlock the possibilities and make this prime location your next project! Probate has been granted.