CHASE RIVER LISTINGS

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1226 Lawlor Rd
Na Chase River Nanaimo V9R 6L6

$3,000,000
Commercial Sale

Main Photo: 1226 Lawlor Rd in Nanaimo: Na Chase River Multi Family for sale : MLS®# 952755
Photo 1: 1226 Lawlor Rd in Nanaimo: Na Chase River Multi Family for sale : MLS®# 952755
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
952755
Investment/redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home/RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home , 8 RV, 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Rull package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Chase River, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.75 acre(s)
Taxes:
Building Features:
Basement
Construction:
Frame Wood
Ceiling Heights:
Total Building Area:
4,000 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Balcony/Deck
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R12
Units in Building:
Units in Community:
Lot Site Features:
Acreage, No Through Road, Shopping Nearby
Parking Features:
On Site
Business Name:
Southgate Mobile Home Park
Business Type:
Mobile/Trailer Park
Total Units:
Date Listed:
Feb 06, 2024
Original Price:
3000000.0
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated April 16, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
100
Avg list price:
$1,044,000
Min list price:
$49,500
Max list price:
$7,950,000
Avg days on market:
87
Min days on market:
6
Max days on market:
617
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
DEANA BAUMEL PREC
MICHAEL PETERSON PREC
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.