3 bedrooms | 1 bathroom | 1,283 sqft living area | 7,405 sqft lot | $579,000
Opportunity awaits with this versatile Nanaimo property offering excellent redevelopment and investment potential. Situated on 2 separately titled lots with COR1 zoning, this unique offering opens the door to a variety of residential and commercial possibilities in a desirable central location. The existing 3-bedroom home offers a solid opportunity for renovation, ideal for buyers looking to update and create a comfortable residence while benefiting from the property's long-term upside. A large detached workshop adds exceptional value, perfect for hobbyists, or anyone needing substantial workspace separate from the home. With 2 legal lots and COR1 zoning, the property presents redevelopment or mixed-use potential (buyer to verify with the City of Nanaimo). Conveniently located close to amenities, transportation routes, and the Hospital, this is an opportunity to secure a flexible property with multiple paths for future value. Measurements are approximate, verify if important.
Dining Room, Workshop
F/S/W/D
Fencing: Partial, Garden
Workshop
Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Shopping Nearby
Basement, Transit Nearby
Listed by eXp Realty (NA).
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Disclaimer: This representation is based in whole or in part on data generated by the VIREB Vancouver Island Real Estate Board which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.