NEW PRICE $1,275,000 – Rare opportunity to acquire two contiguous parcels totalling over 15,000 sq ft in the heart of Downtown Nanaimo with highly desirable DT5 zoning allowing for mixed-use and higher-density development, offering a compelling blend of immediate usability and long-term redevelopment potential, improved with an existing 3,092 sq ft building featuring a flexible commercial layout with multiple washrooms and lower-level office/storage areas, with recent upgrades including a newly completed torch-on roof and interior remediation providing a solid foundation for occupancy or holding income, further enhanced by patio areas and an adjoining lot currently configured for parking or future expansion, all ideally positioned in a walkable, transit-oriented location steps from the waterfront and suited to a range of commercial, professional, medical or redevelopment opportunities—an increasingly rare chance to secure scale, zoning and location at a price supported by recent valuation. (id:57571)
| MLS® Number | 1032789 |
| Property Type | Other |
| Neigbourhood | Old City |
| Features | Partially Cleared |
| Cooling Type | Partially Air Conditioned |
| Size Exterior | 3092 Sqft |
| Type | Commercial Mix |
| Acreage | No |
| Size Irregular | 15210 |
| Size Total | 15210 Sqft |
| Size Total Text | 15210 Sqft |
| Zoning Description | Dt5 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29629698/77-85-skinner-st-nanaimo-old-city
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