Property Description
This listing includes 2019 Bowen Rd and 1985 Island Diesel Way totaling 117,045 sq.ft. usable land. Both properties are zoned COR2,which allows for mixed use, street-oriented development. These two lots with high visibility location offer an incredible opportunity for investors or developers! COR2 permits multi-family development, commercial strip mall, up to 1.75 FSR and up to 5 Story buildings with city bonuses. Buyer to verify with the City of Nanaimo. The options are endless. This location is highly desirable with easy access to amenities, schools, parks and transportation. Don't miss your chance to secure this solid investment opportunity!
Property Details
MLS #:
1026218
ID #:
30629346
Type:
Commercial Sale
Sub-Type:
Unimproved Land
Area:
Nanaimo
Sub-Area:
Na Central Nanaimo
Status:
Active
Lot Size:
2.69 acres
Property Tax:
$38,570 (2025)
Days on Market:
72 days
Listing provided by 460 Realty Inc. (NA)
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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