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Featured Commercial Listings

Z4 Extension NANAIMO

$1,500,000
Land Only

Main Photo:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 1:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 2:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 3:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 4:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 5:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 6:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 7:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 8:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 9:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 10:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 11:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Photo 12:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
Status:
Active
Prop. Type:
Land Only
MLS® Num:
466597
Bus Major:
Industrial
Gravel and Aggregate Processing SiteWith gravel and aggregate beginning to run short on the Island, here's a property that's well worth a look. The property is located along the south bank of the Nanaimo River, off the north end of Riverbend Road, off Spruston Road. It is approximately 10 km south of downtown Nanaimo and 2 km west of the Trans Canada Highway. Current zoning permits a variety of uses in addition to residential, such as aggregate extraction and processing, agriculture, silviculture, home-based business, etc. Seller estimates the potential for approximately 600,000 cubic yards of recoverable material at just one of the three gravel sites on the property; the other two sites estimated potential is approximately 300,000 cubic yards in total. The balance of the property is a spectacularly beautiful acreage fronting the mighty Nanaimo River, with residential homesites and the potential to re-zone to RV camping and any number of recreational uses. The property consists of two legal titles, which raises a unique opportunity to complete a boundary adjustment whereby the size of the two parcels is altered to create a more marketable second section of up to 8 acres, if that is of interest to you. At present, two dwellings are permitted but if a boundary adjustment was completed and a primary residential use adopted, the two adjusted parcels could support three dwellings.
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Property Type:
Land Only
Title:
Freehold
Major Business Type:
Industrial
Business Name:
Multi-Family Type:
Industrial Type:
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Date Listed:
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  • Photo 1:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
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  • Photo 2:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
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  • Photo 12:  in NANAIMO: Z4 Extension Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 466597
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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated April 5, 2020 at 03:10 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$689,950
Min list price:
$139,000
Max list price:
$5,750,000
Avg days on market:
130
Min days on market:
27
Max days on market:
276
These statistics are generated based on the current listing's property type and located in Zone 4 - Nanaimo. Average values are derived using median calculations.
WIN MYINT
SANDY LIU