575 Milton St Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R 2L2
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1017872
Annual Tax Amount $12,303
Tax Year 2025
Lot Size 0.640 Acres
Property Sub-Type Unimproved Land
Property Description
COMMERCIAL - RESIDENTIAL MIXED USE DEVELOPMENT SITE OFFERED WELL BELOW ASSESSED VALUE - Commercial, Residential, multi-family, live/work, mixed use development property located in a commercial and residential area of the Old City quarter ready for your development ideas. Newly constructed neighbouring townhome development with a commercial component on the ground floor has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. The seller will remedy any environmental issues for a buyer.
Location
Province BC
County Nanaimo, City Of
Area Na Old City
Zoning DT11
Exterior
Parking On Site 1
Building
Lot Description Adult-Oriented Neighbourhood,Central Location,Cleared,Corner,Curb & Gutter,Easy Access,Family-Oriented Neighbourhood,Level,Marina Nearby,Near Golf Course,Recreation Nearby,Serviced,Shopping Nearby
Sewer Sewer Available,Sewer To Lot
Water Municipal,To Lot
Others
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off