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2019 Bowen Rd
Na Central Nanaimo Nanaimo V9S 5W6

$6,995,000
Commercial Sale

Main Photo: 2019 Bowen Rd in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 974548
Photo 1: 2019 Bowen Rd in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 974548
Photo 2: 2019 Bowen Rd in Nanaimo: Na Central Nanaimo Unimproved Land for sale : MLS®# 974548
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
974548
This listing includes 2109 Bowen Rd and 1985 Island Diesel Way totaling 117,045 sq.ft. 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!
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2.69 acre(s)
Taxes:
$28,318 / 2022
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
2986000.0
Assessment year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
LT 10, SEC 16, RGE 7, MOUNTAIN DIST, PL 7143, EXCEPT PART IN PL VIP54419 AND LOT 35, SEC 16, RGE 7, MOUNTAIN DIST, PL VIP61143
Lot Site Features:
Acreage, Central Location, Easy Access, Serviced, Shopping Nearby
Parking Features:
On Site
Total Parking Spaces:
2
Date Listed:
Sep 03, 2024
Original Price:
6995000.0
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Data was last updated December 3, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$949,900
Min list price:
$46,900
Max list price:
$6,995,000
Avg days on market:
84
Min days on market:
8
Max days on market:
216
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations.
Cody Dreger
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.