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Main Photo: 345/360 NEWCASTLE Ave in : Na Brechin Hill Multi Family for sale (Nanaimo)  : MLS®# 854134
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
854134
Waterfront Land assembly.360 Stewart Ave. and 345 Newcastle Ave. Amazing building opportunity. 17,424 sqft of buildable land with holding property to help cover costs until you want to start construction. The property is located steps to the Nanaimo seawall. This property will allow for up to 32 residential units. Build in one or two phases, as seperate titles exist. Preliminary Plans through City of Nanaimo investigation. 345 Newcastle Ave is rented with tenants up and down.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Na Brechin Hill, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.4 acre(s)
Taxes:
$13,184 / 2019
Electricity:
Yes
Total Potential Area:
21,780 sq. ft.
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
City, Mountain(s), Ocean
Ocean Front
Main Level
0
Yes
Yes
No
Unrestricted
Assessed:
1906000.0
Assessment year:
2020
Jurisdiction name:
City of Nanaimo
Legal Description:
lot 17 and 32 block 4, plan vip584, section 1, nanaimo land district, Newcastle townsite
Zoning:
r8
Occupancy:
Tenant
Utilities:
Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, See Remarks
Lot Site Features:
Level, Rectangular Lot, Sloped, Square Lot, Marina Nearby, Recreation Nearby, Southern Exposure
Parking:
On Site
Total Units:
1
Date Listed:
Aug 22, 2020
Original Price:
2390000.0
  • Photo 1: 345/360 NEWCASTLE Ave in : Na Brechin Hill Multi Family for sale (Nanaimo)  : MLS®# 854134
    Photo 1 of 1
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Data was last updated September 22, 2020 at 03:10 AM (UTC)
Area Statistics
Listings on market:
75
Avg list price:
$875,000
Min list price:
$139,000
Max list price:
$12,750,000
Avg days on market:
134
Min days on market:
6
Max days on market:
722
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.