This listing includes 2019 Bowen Rd and 1985 Island Diesel Way totaling 117,045 sqft of flat, usable land. Both properties are zoned COR2 which allows for mixed use, street-oriented development. These two lots with high visibility location offer an incredible opportunity for investors or developers! COR2 permits multi-family development, commercial strip mall, up to 1.75 FSR and up to 5 Story buildings with city bonuses. Buyer to verify with the City of Nanaimo. The options are endless. This location is highly desirable with easy access to amenities, schools, parks and transportation. Don't miss your chance to secure this solid investment opportunity!
Address
2019 Bowen Rd
List Price
$6,995,000
Property Type
Residential
Type of Dwelling
Land
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Lot Size
117045 Sq. Ft.
Lot Size Acres
2.69 Ac.
MLS® Number
974544
Listing Brokerage
460 Realty Inc. (NA)
Postal Code
V9S 5W6
Tax Amount
$28,318
Tax Year
2022
Amenities
Acreage, Central Location, Easy Access, Serviced, Shopping Nearby