Courtesy of Pemberton Holmes Ltd. (Pkvl)
Great holding property located in central Nanaimo. Easily walkable to grocery stores, restaurants and Beban Park Recreational Facility and sports fields. Great mountain views from the back deck. Official Community Plan proposes "Neighbourhood" zoning for the property, which would allow for up to four stories of multifamily or mixed commercial/residential. The property is surrounded on two sides by "Mixed-Use Corridor" which is currently being developed into townhouses. This is an opportunity to earn rental income while holding a property with great development potential. Upper unit is currently vacant. Lower unit will be vacant at the end of September. Ready to move in, or place tenants at market rent!
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