OLD CITY - DOWNTOWN LISTINGS

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328 Kennedy St
Na Old City Nanaimo V9R 2J1

$970,000
Commercial Sale

Main Photo: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 1: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 2: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 3: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 4: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 5: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 6: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 7: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 8: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 9: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 10: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 11: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 12: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 13: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Photo 14: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
949864
Developer Alert! Opportunity knocks in Old City. The door is whatever you build beyond it! Don’t miss this RARE legal double lot property located in the heart of beautiful and historical Old City Quarters in Nanaimo, BC. The single-family home is situated on the larger lot and does not straddle both properties. This enables you to start building (without the removal of the home) immediately with approvals from the city. Currently zoned R13 Duplex/multi-family, it allows for many options! The city is currently encouraging higher density in the Official Community Plan (OCP), and therefore, a higher density rezone or a property line variance should be encouraged. Contact us for a full information package! Don’t miss out on this rare property waiting for your future development. All measurements are approximate.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
14,117.498 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
14,117.4 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
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:
R13
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Dec 16, 2023
Original Price:
970000.0
  • Photo 1: 328 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 949864
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Listed by RE/MAX of Nanaimo
Data was last updated April 16, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$799,900
Min list price:
$49,500
Max list price:
$4,880,000
Avg days on market:
76
Min days on market:
12
Max days on market:
510
These statistics are generated based on the current listing's property type and located in Na Old City. 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.