Key Facts
- MLS® #: 996776
- Property ID: SIRC2397164
- Property Type: Residential, Single Family Detached
- Living Space: 3,183 sq.ft.
- Lot Size: 0.22 ac
- Year Built: 1955
- Bedrooms: 3
- Bathrooms: 3
- Parking Spaces: 10
- Listed By:
- RE/MAX of Nanaimo
Property Description
Prime Development Opportunity in South Nanaimo Located within walking distance from downtown Nanaimo, this exceptional property presents a unique investment opportunity. Currently, the property includes a commercial space on the main floor and a 2-bedroom rental suite above, providing immediate rental income. What truly sets this property apart is the approved development permit for a Craftsman-inspired, 2.5-story "missing middle" housing project. Plans include four 1-bedroom and four 2-bedroom units, many featuring rooftop balcony access. This provides a fantastic opportunity for a developer to create a modern, high-demand multifamily property in a prime location. Don't miss this chance to invest in a property that offers both immediate returns and future development potential. All Measurements Approx. Verify if Important.
Rooms
- TypeLevelDimensionsFlooring
- KitchenMain23' 9.4" x 31' 8.7"Other
- Living roomMain62' 7.1" x 102' 9.4"Other
- Recreation RoomMain76' 6.5" x 89' 4.8"Other
- EntranceMain47' 1.7" x 46' 9"Other
- Entrance2nd floor14' 9.1" x 37' 8.7"Other
- Living room2nd floor47' 6.8" x 82' 2.5"Other
- Kitchen2nd floor33' 10.6" x 36' 10.9"Other
- Primary bedroom2nd floor37' 5.6" x 42' 7.8"Other
- Bedroom2nd floor34' 8.5" x 37' 8.7"Other
- Bedroom2nd floor29' 9.4" x 33' 7.5"Other
- StorageMain24' 4.1" x 35' 9.9"Other
- DenMain24' 4.1" x 25' 8.2"Other
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Location
880 Hecate St, Nanaimo, British Columbia, V9R 4K6 Canada
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