Wow! Opportunity Awaits with this Fabulous Commercially Zoned Property Right in the Heart of Lower Lantzville! As it stands the 1942 built house sits on .64 acres of level land in a prime location. The building has been used commercially in recent years but is grandfathered as a residence. The 1037 sq ft building offers 2 bdrm & 1 bath with a living area & dining type area that are also great space for offices etc. The 20'x16' detached shop is also an added bonus! A new structure would need to be built according to VC (Village Commercial) Zoning. This zoning allows for a myriad of different options for a new owner. Some zoning options include Commercial/Apartment Combination, Health/Child Care Facilities, Craft Beverage Processing, various Medical/Health type services, Retail, Veterinary Clinic, Market, Hotel, Funeral, Food & Beverage &/or Financial Services to name a few. All msmnts are approximate & should be verified if important. Also listed Commercially under MLS# 928781.
Property Type:
Residential
Type:
Single Family Detached
Year built:
1942
(Age: 83)
Living Area:
1,037 sq. ft.96.3 m2
Listing General Location:
Na Lower Lantzville, Nanaimo
Bedrooms:
2
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
0.635 acre(s)0.26 hectare(s)
Kitchens:
1
Taxes:
$4,024 /
2021
Building Features:
Basement, Security System
Construction:
Wood
New Construction:
No
Basement:
Crawl Space, Not Full Height, Unfinished
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Total Building Area:
1,277 sq. ft.119 m2
Total Unfinished Area:
240 sq. ft.22.3 m2
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
240 sq. ft.22.3 m2
Living Area Main Floor:
1,037 sq. ft.96.3 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
None
Water supply:
Municipal
Sewer:
Holding Tank, Septic System, Sewer Connected
Cooling:
None
Heating:
Forced Air, Natural Gas
Fireplace:
No
Pending Date:
May 29, 2023
Date Sold:
Jun 15, 2023
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Bedroom
11'10"3.61 m × 10'11"3.33 m
Main Floor
Living Room
12'4"3.76 m × 12'3.66 m
Main Floor
Bedroom
16'7"5.05 m × 12'10"3.91 m
Main Floor
Dining Room
12'4"3.76 m × 10'10"3.30 m
Main Floor
Kitchen
10'11"3.33 m × 10'3.05 m
Lower Level
Storage
21'4"6.50 m × 9'6"2.90 m
Floor
Ensuite
Pieces
Other
Main Floor
No
3
3-Piece
Financing Notes:
3.5% 1st $100,000/1.5% on bal if physical introduced to prop. Otherwise 1.75% 1st $100,000/.75% bal
Assessed:
612300.0
Assessment year:
2023
Jurisdiction name:
Town of Ladysmith (SD68)
Legal Description:
LOT 1, DISTRICT LOT 27, WELLINGTON DISTRICT, PLAN 14301