Nanaimo · Commercial Sale · MLS® 1028268

1226 Lawlor Rd, Nanaimo

$2,800,000
132Days on Market

About this property

Investment. and or redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home park and RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home sites, 8 RV sites, and 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher, with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Full package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.

Features & details

DDF Property Type Multi-family
Building Type Multi-Family
Land Size 76,230 sq ft (1.75 acres)
Feature Acreage
Feature Other
Property Type Multi Family
Heating Baseboard,Electric
Water Source Municipal
Sewer Sewer Connected
Zoning R12

Location

Brokerage Listed by Sutton Group-West Coast Realty (Nan). Information is deemed reliable but not guaranteed.