FOR SALE Land, Building & Business with significant re-development potential. Located in Central Nanaimo, zoned Commercial COR3 Community Corridor with a future re-development focus toward mixed commercial & multi-family. This site is located in an area that has undergone unprecedented development in the last 10 years such as new multi-family buildings, office buildings, and the newly built Greenrock service commercial/industrial node which includes various businesses that will service the needs of the local community all within walking distance to the hospital, 5 minute drive to downtown & VIU. The property frontage is over 250 ft with the total lot size 1.07 acres. Improved with a 13,296 sq ft tilt up concrete frame building & utilized as a family owned successful Bowling Alley w/Escape Rooms. This is an excellent opportunity with various options. Operate as is, re-purpose the building to a commercial use, or re-develop to Commercial/Multi-Family. Information package available.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Business, Land
Lease Type:
Sale Price
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.074 acre(s)0.43 hectare(s)
Taxes:
$36,208 /
2023
Building Features:
Parking, Shopping Nearby, Visual Exposure
Floor finish:
Mixed
Total Building Area:
13,296 sq. ft.1,235 m2
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Sep 13, 2024
Date Sold:
Oct 15, 2024
Main Level
0
Yes
No
Unrestricted
Assessed:
2626000.0
Assessment year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 1, SECTION 14, RANGE 8, MOUNTAIN DISTRICT, PLAN 11281 INCLUDING ASSETS OF THE BUSINESS KNOWN AS BRECHIN LANES
Zoning:
COR-3
Occupancy:
Owner
Lot Site Features:
Acreage, Central Location, Easy Access, Level, Recreation Nearby, Shopping Nearby