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Nanaimo

British Columbia Canada

1-250-751-1223

  3. 15 FRONT NANAIMO

15 FRONT NANAIMO

OTHER neighbourhood of Other British Columbia Canada V9R 5H9
$4,980,000

  • Address: 15 FRONT NANAIMO
  • Province: British Columbia
  • Area: Other
  • Postal Code: V9R 5H9
  • Neighborhood: OTHER
  • Country: Canada
  • Price: $4,980,000
  • Board Number: 852204
  • Key: 20200855
  • Property Type: Single Family
  • Photo Count: 1

15 FRONT NANAIMO, OTHER, Other

This will be a new iconic building in Downtown Nanaimo by the water! The DT5 zoning allows various developments, including hotel, condo, and mixed commercial and residential use. The floor area ratio is 3.3, the lot coverage ratio is 100%, and the maximum height allowed is 19.8m. No parking required for a hotel building at this location. The city has indicated the potential to increase density and height. A plan for a proposed 89 room hotel was approved for building permit, and many other options are waiting. The Seller is open for a joint venture with a qualified buyer.

Nanaimo Real Estate Agent

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SALES ASSOCIATE ON DUTY - AGENT ON DUTY
SALES ASSOCIATE ON DUTY - AGENT ON DUTY
250-751-1223
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RE/MAX of Nanaimo
#1-5140 Metral Drive
Nanaimo, British Columbia
250-751-1223 | TF: 1-800-916-9229
Each office independently owned & operated

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Listing Brokerage : eXp Realty
NOTE: MLS® System Listing data copyright® the Vancouver Island Real Estate Board. The MLS® trademark is owned by CREA, and CREA has proprietary ownership of the REALTOR® trademark.
The MLS® Marks identify professional services rendered by members in good standing of CREA to effect the purchase and sale of real estate as part of a 'plural system arrangement,' also known as a co-operative selling system (the 'MLS® services'), in compliance with CREA's By-Laws and Rules, the REALTOR® Code as amended from time to time, and in compliance with all applicable federal and provincial/territorial laws and regulations. The MLS® Marks do not identify or describe a computer database of real estate listings. An MLS® System is a co-operative selling system operated and promoted by a Board or Association in association with the MLS® Marks. An MLS® System includes an inventory of listings of participating REALTOR® members, and ensures a certain level of accuracy of information, professionalism and co-operation amongst REALTOR® members to affect the purchase and sale of real estate.

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