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330 Ninth St
Na South Nanaimo Nanaimo V9R 1A4

$1,074,900
Commercial Sale

Main Photo: 330 Ninth St in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 914682
Photo 1: 330 Ninth St in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 914682
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Photo 23: 330 Ninth St in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 914682
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
914682
Looking for your next residential project? This land assembly offers you the potential for up to 17 units through rezoning the two properties that together make for 1.80 acres. A gentle slop to the property is great for servicing the development. Located in an area that's been developed on both sides of it with the last remaining development sites in the area underway their development plans makes this site one of the last few remaining sites in the area. Reach out to discuss the various development options. Adjacent site at 338 Ninth Street is the other part of this land assembly. Ideal site for small scale affordable style strata homes and or multi family clusters of 3-plex & 4 plex townhome style buildings. Property offers some cash flowing options to an investor while they are rezoning the 2 sites together.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Na South Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.05 acre(s)
Taxes:
$2,667 / 2022
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
538000.0
Assessment year:
2022
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 1, SEC 1, NANAIMO DIST, PL 37548
Zoning:
R1
Occupancy:
Owner
Parking Features:
On Site
Road Surface Type:
Paved
Date Listed:
Sep 13, 2022
Original Price:
1074900.0
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    Dotted outline shows adjacent site 338 Ninth
Data was last updated October 7, 2022 at 07:30 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,150,000
Min list price:
$175,000
Max list price:
$3,200,000
Avg days on market:
105
Min days on market:
23
Max days on market:
214
These statistics are generated based on the current listing's property type and located in Na South 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.