This property is being sold for the land value primarily and is Zoned for superb Commercial Development. Extremely well located as it is one road off the ocean wall with good ocean views which makes this even more appealing for development. Currently there is an income earning character home situated close to Stewart. Both tenants are on month to month. This allows for ongoing revenue until building begins. Right beside this land is a large project on the exact same size lot getting ready to turn the earth for the construction faze to begin. What a dream holding with big potential. (id:61048)
MLS® Number | 1013359 |
Property Type | Multi-family |
Neigbourhood | Brechin Hill |
View Type | Ocean View |
Cooling Type | None |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Type | Multi-family |
Access Type | Road Access |
Acreage | No |
Size Irregular | 8712 |
Size Total | 8712 Sqft |
Size Total Text | 8712 Sqft |
Zoning Description | R8 |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28836015/350-stewart-ave-nanaimo-brechin-hill
Contact us for more information
Frederick Pollock
(250) 760-1066
(250) 760-1077
www.century21.ca/harbourrealty