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4781 Mcguffie Rd 2.35 Acres of Commercial Land Offered at $1,750,000 CAD in Nanaimo, BC V9T 5B3



INVESTMENT HIGHLIGHTS
- Highly Sought After Location a short walk to the OCEAN
EXECUTIVE SUMMARY
R1 zoning surrounded by Multi-Unit Zoning creating excellent potential for rezoning to multi-family. OCP: Suburban Neighbourhood - single-unit dwellings with/without secondary suites, Duplexes, Ground-oriented multi-unit dwellings including tri/fourplex, townhome, Up to 3 storeys. Buyer to verify redevelopment potential and measurements if important.
PROPERTY FACTS
| Price | $1,750,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 2.35 AC |
| Property Type | Land | ||
| Zoning | R1 - Residential - up to 2 residence. OCP Suburban Neighbourhood allows up to 25 UPH. See brochure for opportunity | ||
| Price | $1,750,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 2.35 AC |
| Zoning | R1 - Residential - up to 2 residence. OCP Suburban Neighbourhood allows up to 25 UPH. See brochure for opportunity |
1 LOT AVAILABLE
Lot 2
| Price | $1,750,000 CAD | Lot Size | 2.35 AC |
| Price Per AC | $744,680.85 CAD |
| Price | $1,750,000 CAD |
| Price Per AC | $744,680.85 CAD |
| Lot Size | 2.35 AC |
RARE OPPORTUNITY! 2.35 Acre Parcel with 200+ ft of frontage on McGuffie Rd. INCREDIBLE LOCATION with REDEVELOPMENT POTENTIAL to multi-unit. OCP allows multi-unit. Nestled on a quiet dead end street only a short walk to trails & parks.
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REMAX Anchor Realty
4781 Mcguffie Rd
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