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  • 1441/1445 Montrose Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 975250

    1441/1445 Montrose Ave Na Departure Bay Nanaimo V9S 3H8
    Main Photo: 1441/1445 Montrose Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 975250

    1441/1445 Montrose Ave Nanaimo V9S 3H8 Na Departure Bay

    $999,900
    Commercial Sale
    Status:
    Active
    MLS® Num:
    975250
    *Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo!* This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city. More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
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Data was last updated October 6, 2024 at 10:05 AM (UTC)
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.
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.