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499 7th Street, Nanaimo

Commercial Building and Land for Sale

Courtesy of RE/MAX Of Nanaimo
499 7th Street, Nanaimo, MLS® # 431693

Great commercial or residential development property strategically located 2 blocks away from a large scale commercial development that will include a new Quality Foods on Bruce Ave and 8th St. This 11,302 sq/ft corner lot is zoned COR3 which allows for a variety of different residential and commercial uses. With 60% site coverage allowed this would yield a buildable footprint of approximately 6780 sq/ft. The surrounding areas have seen a large amount of new residential development in the last few years with much more on the way. Close proximity to 2 large high schools, VIU and excellent visibility further enhance this site. The main floor is currently leased to a thrift store and the upper level residential suite is rented to long term tenants. Measurements approx - buyer to verify.

Contact Chris Martin About MLS® 431693

Required Field

Chris Martin, 250.751.1223 at RE/MAX of Nanaimo, #1 - 5140 Metral Drive, Nanaimo, British Columbia, V9T 2K8

property information

  • Property Type: Commercial Building and Land
  • MLS®#: 431693
  • Lot Size: 11,326.00 sq.ft.
  • Total Floor Area: 2,373 sq.ft
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Community Information

  • Address: 499 7TH STREET
  • Neighbourhood: Z4 South Nanaimo
  • City: NANAIMO
  • Postal Code: V9R 1E6
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interior

  • Included: Fenced, Lunch Room, Pool Indoor, Pool Outdoor, Sauna, Shopping Area
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exterior

  • Exterior Features: Level, Public Trans. Nearby, Shopping Nearby, Visual exposure, See Remarks, Corner Site
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$595,000

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Disclaimer: VIREB IDX Reciprocity listings are displayed in accordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
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