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103 Lotus Pinnatus Way
Na South Nanaimo Nanaimo V9R 4A7

$10,750,000
Commercial Sale

Main Photo: 103 Lotus Pinnatus Way Nanaimo BC
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
977145
One of the last large residential development sites in Nanaimo at 90.48 acres with 51.8 acres developable. Unobstructed views of Hammond Bay and the vibrant Nanaimo coastline. Pending DP approval for 480 buildable doors with possibilities for an additional 300 units. Ideally situated above the Nanaimo Parkway, ensuring easy access to Harewood district amenities and 10 minutes from downtown Nanaimo. Upon signing an NDA, access will be provided to an extensive data room containing all site studies and applications.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Na South Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
90.481 acre(s)
Taxes:
$21,800.92 / 2023
Commercial Area:
Not Applicable
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
3857000.0
Assessment year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 1, PLAN VIP50607, SECTION 1, NANAIMO LAND DISTRICT, EXCEPT PLAN VIP61106, & EXC PL VIP64965 & EPP22207
Zoning:
R-10
Occupancy:
Vacant
Lot Site Features:
Acreage, Central Location, Irregular Lot
Total Units:
0
Date Listed:
Sep 25, 2024
Original Price:
1.075E7
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Listed by Colliers International (Nan)
Data was last updated October 5, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
96
Avg list price:
$1,156,125
Min list price:
$23
Max list price:
$11,500,000
Avg days on market:
97
Min days on market:
3
Max days on market:
486
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
TICARA COERTZE
STEVE GILLESPIE
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.