328 Kennedy St

Multi Family For Sale in Na Old City, Nanaimo

$899,000
Attention all developers and investors! Opportunity Knocks in Old City. The door is whatever you build beyond it! Welcome to a once-in-a-lifetime opportunity in the heart of beautiful and historical Old City Quarters in Nanaimo, BC! If you're a developer looking for the perfect opportunity, then this listing is for you. This RARE legal double lot property is waiting for your future development and the possibilities are endless! The property is currently zoned R13 Duplex/multi-family, giving you the flexibility to build whatever your heart desires. And if you're worried about the hassle of removing the existing single-family home on the larger lot, don't be! The home is situated in such a way that you can start building immediately with approvals from the city. But that's not all, the city is currently encouraging higher density in the Official Community Plan (OCP), which means a higher density rezone or a property line variance could be in the cards for you. This is an opportunity you do not want to miss! So, if you're a developer with a vision, don't wait! Contact us today for a full information package and be prepared to make your dream a reality. With this rare property, your possibilities are endless, and you don't want to be left behind. Don't miss out on the chance of a lifetime! All measurements are approximate.
Address 328 Kennedy St
List Price $899,000
Property Type Commercial Sale
Type of Dwelling Multi Family
Area Nanaimo
Sub-Area Na Old City
Lot Size 14117.4 Sq. Ft.
Lot Size Acres 0.32 Ac.
MLS® Number 973727
Listing Brokerage RE/MAX of Nanaimo
Postal Code V9R 2J1
Tax Amount $3,893
Tax Year 2023

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Jan & Tom

Royal LePage Nanaimo Realty

4200 Island Highway North Nanaimo BC V9T1W6

Mobile: (250) 816-3899

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