1303 Junction Ave, Nanaimo, BC

$2,500,000

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2,337

Square feet

1.42

Acres

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

OfficeRE/MAX of Nanaimo

Listing Map

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