About 1303 Junction Ave
Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.
Features of 1303 Junction Ave
MLS® # | 966094 |
---|---|
Price | $2,500,000 |
Square Footage | 2,337 |
Acres | 1.42 |
Type | Commercial Sale |
Sub-Type | Other |
Status | Active |
Community Information
Address | 1303 Junction Ave |
---|---|
Area | Na Chase River |
City | Nanaimo |
County | Nanaimo, City of |
Province | BC |
Postal Code | V9R 6R6 |
Amenities
Is Waterfront | No |
---|---|
Has Pool | No |
Interior
Heating | Electric, Heat Pump, Heat Recovery |
---|---|
Cooling | Air Conditioning |
Fireplace | No |
Exterior
Exterior Features | Balcony/Deck, Balcony/Patio, Fenced |
---|---|
Construction | Frame Wood, Insulation All, Vinyl Siding |
Foundation | Poured Concrete |
Additional Information
Date Listed | June 3rd, 2024 |
---|---|
Days on Market | 73 |
Zoning | R1 |
Listing Details
Office | RE/MAX of Nanaimo |
---|