This listing includes 2019 Bowen Rd and 1985 Island Diesel Way totaling 117,045 sqft of flat, usable land. Both properties are zoned COR2 which allows for mixed use, street-oriented development. These two lots with high visibility location offer an incredible opportunity for investors or developers! COR2 permits multi-family development, commercial strip mall, up to 1.75 FSR and up to 5 Story buildings with city bonuses. Buyer to verify with the City of Nanaimo. The options are endless. This location is highly desirable with easy access to amenities, schools, parks and transportation. Don't miss your chance to secure this solid investment opportunity!
Data was last updated December 27, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$599,000
Min list price:
$279,000
Max list price:
$6,995,000
Avg days on market:
70
Min days on market:
9
Max days on market:
296
Avg price per sq.ft.:
$460.27
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations.