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Northwest Bay Rd

MLS® 892550

Property Description

Strategic commercial corner property located at the entrance of Nanoose Bay Village & Fairwinds Golf & Residential Development. 1.7 Acres plus a registered easement for access/egress for over 100 space parking lot of 1.04 acres which provides the project with functionally usable size of 2.75 acres. Property is approved for 2 phases of commercial development with no time frame limit for construction or completion. Phase 1 is ready to go & will consist of 3 levels with 30,247 SF of mixed commercial. Property has been approved for both left & right hand vehicle turning lanes on Powder Point Rd & Northwest Bay Rd. Owners have been advised the OCP Plan currently supports multi-res & commercial usage. Amending the current zoning to Comm/Res Mix would provide approx. 20,000 SF of residential on the 1st & 2nd floor plus 13,508 SF commercial on the main level. Certified appraisal is available & owner will help buyer navigate any amendments the Buyer might require for future development changes.

Full Address

Lot A Northwest Bay Rd, Nanoose Bay BC V9P 9E6

MLS® Number

892550

Listing Price

$1,545,000

Property Type

Unimproved Land

Year Built

Living Area

0 SqFt

Bedrooms

Total Bathrooms

Tax Year

2021

Annual Tax Amount

$7,730

Interior Features

Lot Features

Acreage, Corner Lot, Easy Access, Near Golf Course

Exterior Features

Total Fireplaces

Water Source

None

Gas

Heating

Cooling

Sewer

Septic Needed

Style of Home

Layout

Basement

Subdivision

Elementary School

Middle School

High School

Directions

Property Location

Listing by RE/MAX Of Nanaimo

Listing information last updated: Fri Mar 25 2022 09:24:49 GMT+0000 (Coordinated Universal Time)

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Jenny Bruce Personal Real Estate Corporation

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