510 Terminal Ave, Nanaimo


4 Beds
2 Baths
2,088 Sqft
.2 Acre
1 Garage

Attention Builders/Developers!! Prime, Oceanview, Multi-Family Development Property, on Nanaimo's busiest traffic corridor, in the heart of Downtown! COR2 zoning allows for Multi family apartment, or mixed multifamily and commercial building up to 15,246 sq ft (if underground parking provided and Tier 1 requirements met). Property improved w/large, 4-BD, 2-BTH, Oceanview, character home to provide great holding income while exploring development opportunities. The house could also be converted to high-end office space; the central location, high-traffic exposure and ample off-street parking make it ideal for a lawyer/accountant office/medical clinic which would provide great holding income. Plus, available hazmat report indicates no asbestos and low property taxes. Awesome multi-family development potential, offering breathtaking ocean, city, and mountain views - close to shopping, BC Ferries, Hospital, seaplane terminal, marinas, parks and short walk to Seawall and Yacht Club.

Essential Information
MLS® #863457
Square Footage2,088
Year Built1950
Sub-TypeSingle Family Detached
Community Information
Address510 Terminal Ave
AreaNa Central Nanaimo
CountyNanaimo, City of
Postal CodeV9S 4K2
Parking Spaces2
# of Garages1
ViewMountain(s), Ocean

Additional, Detached, Garage, RV Access/Parking

HeatingBaseboard, Natural Gas
Exterior FeaturesGarden, Low Maintenance Yard
RoofAsphalt Shingle
FoundationPoured Concrete, Slab

Aluminum Siding, Frame Wood, Insulation: Ceiling, Insulation: Walls, See Remarks

Additional Information
Days on Market43
ZoningCOR 2

Sutton Group-West Coast Realty (Nan)


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