BC > Nanaimo
Nanaimo, BC V9S 1G7,1625 Bowen Rd
Nanaimo, BC V9S 1G7,1625 Bowen Rd
Nanaimo, BC V9S 1G7,1625 Bowen Rd
Nanaimo, BC V9S 1G7,1625 Bowen Rd
Nanaimo, BC V9S 1G7,1625 Bowen Rd
Nanaimo, BC V9S 1G7,1625 Bowen Rd
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Layne Britton PREC*

Layne Britton PREC*

+1(778) 401-3144
$ 1,575,000
Est. payment | /mo

0.51 Acres Lot

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$ 1,575,000
Est. payment | /mo
Save

0.51 Acres Lot

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 994031

Rental Info Unrestricted

Annual Tax Amount $7,897

Tax Year 2024

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Unimproved Land

Property Description

For Sale: 1625 Bowen Road is a +/- 22,041 square foot (0.51 acre) Residential Corridor (COR-1) zoned development parcel. This central Nanaimo opportunity is situated on the primary Nanaimo thoroughfare 'Bowen Road' and benefits from direct access to school systems, transportation infrastructure, retail/grocery, and nearby parkland. The COR-1 zone provides for residential, street-oriented, medium density, and office development along or near major roads up to a Floor Area Ratio (FAR) of 1.00; if certain development characteristics are met (which are detailed in Schedule D of the Nanaimo Zoning Bylaw), additional density of 0.50 FAR is theoretically achievable. The Nanaimo Re Imagined City Plan designates this site as Residential Corridor which supports mid-rise residential apartments (3-6 storys) to a target density of 100 units per hectare(UPH). The property is owner occupied and currently improved with a Mobile Home; do not access site without coordinating with listing agent

Location

Province BC

County Nanaimo, City Of

Area Na Central Nanaimo

Zoning COR-1

Exterior

Parking On Site 1

Building

Lot Description Central Location, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Near Golf Course, Recreation Nearby, Serviced, Sidewalk, Sloping

Water Municipal

Others

Tax ID 006-461-441

Ownership Freehold

Acceptable Financing Agreement for Sale

Listing Terms Agreement for Sale

Listed by Colliers International (Nan)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(778) 401-3144

layne@expertrealestategroup.ca

301-3450 Uptown Blvd, Victoria, BC, V8Z,Canada

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1625 Bowen Rd