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564 Fifth Street in Nanaimo: Nanaimo Centre Home for sale : MLS®# 391913

564 Fifth Street Nanaimo V9R 1P4 : Nanaimo Centre

Main Photo: 564 Fifth Street in Nanaimo: Nanaimo Centre Home for sale : MLS®# 391913
$3,498,000
Prop. Type:
MFC
MLS® Num:
391913
Status:
Sold
DEVELOPMENT OPPORTUNITY: Prime & central Nanaimo property located fronting Fifth Street at its junction with Georgia Ave, directly west of Harewood Shopping Plaza & close to the central business district in the City of Nanaimo. Site consists of 2.28 acres, the parcel has a total frontage of approximately 300.75 feet and a depth of about 333.5 feet. There are 4 apartment buildings which cover 10 to 20 percent of the total property area or roughly 0.9 ha (9,232 m2). The total number of units consists of 18 two bedroom units & 17 three bedroom units. The subject property is ideally located between Hwy 19 to the West and Hwy 1 to the East surrounded by nearby parks and “Vancouver Island University” located just up the street at 900 Fifth Street. Location is everything, bring your ideas for development and re-zoning and turn this property into a re-developed GEM!!!
Price:
$3,498,000
Property Type:
MFC
MLS® Num:
391913
Status:
Sold
Data was last updated September 15, 2019 at 05:10 PM (UTC)
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