BC > Nanaimo
Nanaimo, BC V9S 5X7,1870 East Wellington Rd
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Nanaimo, BC V9S 5X7,1870 East Wellington Rd
Nanaimo, BC V9S 5X7,1870 East Wellington Rd
Nanaimo, BC V9S 5X7,1870 East Wellington Rd
Nanaimo, BC V9S 5X7,1870 East Wellington Rd

$2,950,000

Est. payment /mo

$3,400,000

13.2%
Est.Price: ?

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1870 East Wellington Rd Nanaimo, BC V9S 5X7

1.07 Acres Lot

SOLD DATE : 10/15/2024

Key Details

Sold Price $2,950,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 947310

Annual Tax Amount $36,208

Tax Year 2023

Lot Size 1.070 Acres

Property Description

FOR SALE Land, Building & Business with significant re-development potential. Located in Central Nanaimo, zoned Commercial COR3 Community Corridor with a future re-development focus toward mixed commercial & multi-family. This site is located in an area that has undergone unprecedented development in the last 10 years such as new multi-family buildings, office buildings, and the newly built Greenrock service commercial/industrial node which includes various businesses that will service the needs of the local community all within walking distance to the hospital, 5 minute drive to downtown & VIU. The property frontage is over 250 ft with the total lot size 1.07 acres. Improved with a 13,296 sq ft tilt up concrete frame building & utilized as a family owned successful Bowling Alley w/Escape Rooms. This is an excellent opportunity with various options. Operate as is, re-purpose the building to a commercial use, or re-develop to Commercial/Multi-Family. Information package available.

Location

Province BC

County Nanaimo, City Of

Area Na Central Nanaimo

Zoning COR-3

Interior

Flooring Mixed

Exterior

Parking On Site 1

Building

Lot Description Acreage, Central Location, Easy Access, Level, Recreation Nearby, Shopping Nearby

Sewer Sewer Connected

Water Municipal

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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 RE/MAX of Nanaimo
Bought with Tetra Realty Advisors Inc.
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John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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