POTENTIAL DUPLEX LOT IN THE HEART OF DOWNTOWN NANAIMO. This prime 38 x 74.4 ft cleared vacant lot is an incredible opportunity to bring your plans and develop a building with innumerable possible uses. Zoned DT8, this flexible use zoning allows for mixed-use commercial and residential, residential use, street level commercial with second and third floors as multiple-family residential uses, and more. The location is perfectly suited for a thriving business, adjacent to Nob Hill Park and close to all services and the vibrant Nanaimo Harbour. City services are available to the lot, as well as natural gas. Enjoy breathtaking views of the mountain and city by adding height on the upper levels. Whether for single or multi-family residential or commercial purposes, the options are endless. The DT8 zoning permits a variety of businesses, such as pharmacies, laundromats, offices, restaurants, pubs, daycare centers, and veterinary clinics. Don't miss out on your chance to build your dream property in this fantastic downtown location.
Address
532 Selby St
List Price
$249,900
Property Type
Residential
Type of Dwelling
Land
Area
Nanaimo
Sub-Area
Na Old City
Lot Size
2827 Ac.
Lot Size (Acres)
0.06 Ac.
MLS® Number
985656
Listing Brokerage
Royal LePage Parksville-Qualicum Beach Realty (PK)
Postal Code
V9R 2R8
Tax Amount
$2,549.89
Tax Year
2023