Portrait of Carly Carey, Realtor®

Carly Carey

Realtor®

1303 Junction Ave, Nanaimo, BC

$2,500,000

2,337

Square feet

1.42

Acres

About 1303 Junction Ave

Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.

Commercial Sale home for sale in Nanaimo, BC at 1303 Junction Ave. This Commercial Sale home is priced at $1,070/sqft

Features of 1303 Junction Ave

MLS® # 966094
Price $2,500,000
Sold Price $2,300,000
Square Footage 2,337
Acres 1.42
Type Commercial Sale
Sub-Type Other
Status Closed

Community Information: Nanaimo

Address 1303 Junction Ave
Area Na Chase River
City Nanaimo
County Nanaimo, City of
Province BC
Postal Code V9R 6R6

Amenities of 1303 Junction Ave

Is Waterfront No
Has Pool No

Interior of 1303 Junction Ave

Heating Electric, Heat Pump, Heat Recovery
Cooling Air Conditioning
Fireplace No

Exterior of 1303 Junction Ave

Exterior Features Balcony/Deck, Balcony/Patio, Fenced
Construction Frame Wood, Insulation All, Vinyl Siding
Foundation Poured Concrete

Additional Information On 1303 Junction Ave

Date Listed June 3rd, 2024
Date Sold January 30th, 2025
Days on Market 190
Zoning R1

Map To 1303 Junction Ave, Nanaimo

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