Opportunity awaits with this versatile Nanaimo property offering excellent redevelopment and investment potential. Situated on two separately titled lots with COR1 zoning, this unique offering opens the door to a variety of residential and commercial possibilities in a desirable central location. The existing 3-bedroom home offers a solid opportunity for renovation, ideal for buyers looking to update and create a comfortable residence while benefiting from the property's long-term upside. A large detached workshop adds exceptional value, perfect for hobbyists, tradespeople, or anyone needing substantial workspace separate from the home. MEASUREMENTS ARE ONLY APPROXIMATE, MUST BE VERIFIED IF IMPORTANT. With two legal lots and COR1 zoning, the property presents strong redevelopment or mixed-use potential (buyer to verify with the City of Nanaimo). Conveniently located close to amenities, transportation routes, and the Hospital, this is a rare opportunity to secure a flexible property with multiple paths for future value. (id:47421)
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Detailed Information
Bedrooms
3
Bathrooms
1
Features
Central location, Corner Site, Other
Listing Contract Date
2026-03-16
Municipal ID
006-991-076
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Single Family
Structures
Workshop
Transaction Type
For sale
Views
City view, Mountain view
Zoning Description
COR1
Zoning
Residential/Commercial
Building
Appliances
Dryer, Stove, Refrigerator, Washer
Constructed Date
1949
Cooling Type
None
Fireplace Present
Yes
# of Fireplaces
1
Heating Fuel
Oil, Other
Type
House
Rooms
Room
Level
Dimensions
Notes
Laundry room
Lower level
7 ft x 10 ft
Recreation room
Lower level
10 ft x 14 ft
Great room
Lower level
12 ft x 12 ft
Bedroom
Lower level
11 ft x 11 ft
Bedroom
Main level
11 ft x 11 ft
Primary Bedroom
Main level
11 ft x 12 ft
Living room
Main level
12 ft x 12 ft
Bathroom
Main level
9 ft x 9 ft
Dining room
Main level
12 ft x 9 ft
Kitchen
Main level
12 ft x 9 ft
Land
Total Size
7405 square feet
Size of Irregular Land
7405
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