BC > Nanaimo
Nanaimo, BC V9S 1H7,2120 & 2122 Bowen Rd
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Nanaimo, BC V9S 1H7,2120 & 2122 Bowen Rd
Nanaimo, BC V9S 1H7,2120 & 2122 Bowen Rd
Nanaimo, BC V9S 1H7,2120 & 2122 Bowen Rd
Nanaimo, BC V9S 1H7,2120 & 2122 Bowen Rd

$975,000

Est. payment /mo

$1,000,000

2.5%
Est.Price: ?

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2120 & 2122 Bowen Rd Nanaimo, BC V9S 1H7

0.38 Acres Lot

SOLD DATE : 12/15/2021

Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 882125

Annual Tax Amount $4,598

Tax Year 2020

Lot Size 0.380 Acres

Property Description

Located on a corner lot at an arterial road backing onto residential and school lands, this is an excellent opportunity for a multifamily development. The properties total 16,397 square feet. Currently zoned R-1 Single Family Residential, the seller has commenced the rezoning process and has surveys and plans available for a 28-unit apartment project. The property fronts onto Bowen Road, a main arterial road with a growing number of commercial and multifamily properties. Located at the intersection of Latimer Road, the property also backs onto Robbie Place, providing road frontage on three sides and offering good access and site development flexibility. The Bowen Road Corridor offers an interesting mix of retail, service, recreational facilities and professional businesses as well as a rapidly escalating residential population. This area is regarded as a key urban growth node in Nanaimo's Official Community Plan. This property is on a bus route & within walking distance to many shops.

Location

Province BC

County Nanaimo, City Of

Area Na Central Nanaimo

Zoning R-1

Exterior

Parking On Site 1

Building

Lot Description Central Location, Curb & Gutter, Level, Rectangular Lot, Shopping Nearby, Southern Exposure

Sewer Sewer Connected

Water Municipal

Others

Acceptable Financing Must Be Paid Off

Listing Terms Must Be Paid Off

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John Cooper

John Cooper

+1(250) 619-9207

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by NAI Commercial Central Vancouver Island Ltd.
Bought with RE/MAX DREAM HOME REALTY
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John Cooper

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+1(250) 619-9207

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