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$1,100,000
1641 Bowen Rd
Nanaimo, British Columbia, British Columbia, V9S1C7
MLS® Number: 992939
Property description
Prime Multi-Family Development Opportunity in Nanaimo! This 18,441 sq. ft. COR1-zoned parcel comes with a Development Permit in place for a 22-unit, four-storey multi-family residential building, making it a rare turnkey investment opportunity. Ideally situated just minutes from downtown Nanaimo, the site offers excellent walkability to Bowen Road amenities, as well as easy access to the Nanaimo Parkway and North Nanaimo. The approved development features a well-balanced unit mix, including 1 Live/Work unit, 3 studios, 9 one-bedrooms, 4 one-bedroom + den units, 3 two-bedroom + den units, and 3 accessible two-bedroom units, catering to a diverse range of residents. This project is for investors who are looking to capitalize on the area’s strong rental demand and growth. Full plans and designs are available upon request for qualified buyers. Don’t miss out on this exceptional investment—contact us today for more details. (Measurements and data approximate; verify if important.)
Building information
Type
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Constructed Date
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Cooling Type
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Heating Fuel
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Heating Type
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Size Interior
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Total Finished Area
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Land information
Access Type
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Size Irregular
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Size Total
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Rooms
Main level
Bathroom
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Bedroom
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Primary Bedroom
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Kitchen
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Laundry room
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Living room
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Courtesy of eXp Realty (NA)
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