Nanaimo · Commercial Sale · MLS® 1045072

3315 Hammond Bay Rd, Nanaimo

$1,749,000
1959Year Built
1Days on Market

About this property

Rare 3.28-acre redevelopment opportunity in Nanaimo's prestigious Hammond Bay neighbourhood. Zoned R10, this rare offering presents excellent potential for a range of residential development opportunities, including subdivision or townhouse development. The R10 Zone permits residential density of up to 16 dwelling units per hectare. With approximately 100 metres of frontage and a gently sloping site, the property offers a strong development opportunity in one of Nanaimo's most desirable neighbourhoods (buyers to verify development potential with the City of Nanaimo). Existing improvements include an updated 5-bedroom character home, detached garage/shop, and a 2018 built accessory building that is plumbed and wired for a detached suite, providing holding income potential. Ideally located near shopping, schools, transit, Departure Bay, Neck Point Park, and Pipers Lagoon. Data and measurements are approximate and should be verified if important

Features & details

DDF Property Type Multi-family
Building Type Multi-Family
Land Size 142,877 sq ft (3.28 acres)
Construction Date 1959
Feature Acreage
Feature Central location
Feature Park setting
Feature Private setting
Feature Irregular lot size
Feature Sloping
Feature See remarks
Feature Other
Feature Marine Oriented
Property Type Multi Family
Heating Forced Air,Oil,Wood
Cooling None
Water Source Municipal
Sewer Sewer To Lot
Flooring Carpet,Laminate,Mixed
Foundation Poured Concrete
Zoning R10

Location

Brokerage Brokerage information is provided by the MLS® feed when available. Information is deemed reliable but not guaranteed.