Main Photo: 1303 Junction Ave in Nanaimo: Na Chase River Other for sale : MLS®# 966094
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Photo 52: 1303 Junction Ave in Nanaimo: Na Chase River Other for sale : MLS®# 966094
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
966094
Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.
Property Type:
Commercial Sale
Type:
Other
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Na Chase River, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.42 acre(s)
Construction:
Frame Wood, Insulation All, Vinyl Siding
Foundation:
Concrete Perimeter
Floor finish:
Mixed
Total Building Area:
2,337 sq. ft.
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Electric, Heat Pump, Heat Recovery
Fireplace:
No
Balcony/Deck, Balcony/Patio, Fenced
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Zoning:
R1
Occupancy:
Owner
Lot Site Features:
Acreage, Cleared, Easy Access, Irregular Lot, Landscaped, Level, Shopping Nearby
Parking Features:
On Site
Road Surface Type:
Paved
Date Listed:
Jun 03, 2024
Original Price:
2500000.0
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    Driveway
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    Front Deck
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    Primary Bedroom
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    Main Bathroom
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    Primary Bedroom
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    Stairwell to Lower Level
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    Family Room
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    Family Room
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    Family Room
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Virtual Tour

Listed by RE/MAX of Nanaimo
Data was last updated December 6, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
95
Avg list price:
$1,125,000
Min list price:
$23
Max list price:
$11,500,000
Avg days on market:
78
Min days on market:
2
Max days on market:
479
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
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.