$2,800,000 | Chase River Nanaimo Multi-Family for Sale at 1226 Lawlor Road Nanaimo

Investment/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/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. (id:6289)

Chase River Map, Demographics, Characteristics