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$759,900

421 Third St, Nanaimo, BC, V9R 1W5

QuickQuoteTM: $670K - $898K
MLS® # 993054

Property Information:

COR-1 Zoned corner property best suited for redevelopment or holding. The small house and cottage on the property may also be used as a rental for holding the property until construction begins. Located at the base of 3rd Street on a major corridor between downtown Nanaimo and the highway. The zoning allows for multi-storey mixed commercial/residential development similar to other recent builds on 3rd Street. *** DO NOT access property without appointment. Tenant on property with aggressive dog. Walking distance to downtown, recreational activities, VIU, cafes/restaurants and shops. On major bus routes. Make an appointment to view today.

Property Features:

  • Annual Tax Amount: $4,324
  • Construction Materials: Frame Wood
  • Foundation Details: Concrete Perimeter
  • Lot Features: Central Location, Corner Lot, Level
  • Lot Frontage: 11970 Square Feet
  • Lot Size: 11970.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Road Surface Type: Paved, Unimproved
  • View: Mountain(s)
  • Zoning: COR-1
  • No. of Parking Spaces: 20

Courtesy of: RE/MAX Generation (LD)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Location of 421 Third St, Nanaimo, BC, V9R 1W5

Demographic Information of 421 Third St, Nanaimo, BC, V9R 1W5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,928.80

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.25 %

High school certificate or equivalent

39.13 %

Apprenticeship trade certificate/diploma

9.41 %

College/non-university certificate

16.05 %

University certificate (below bachelor)

1.85 %

University Degree

17.3 %

Commuter

Travel To Work

By Car

78.73 %

By Public Transit

9.53 %

By Walking

8.88 %

By Bicycle

0.04 %

By Other Methods

2.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.79 %

Houses

78.21 %

Own Vs. Rent