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Main Photo: 0 Riverbend Rd in : Na Extension Unimproved Land for sale (Nanaimo)  : MLS®# 868867
Photo 1: 0 Riverbend Rd in : Na Extension Unimproved Land for sale (Nanaimo)  : MLS®# 868867
Photo 2: 0 Riverbend Rd in : Na Extension Unimproved Land for sale (Nanaimo)  : MLS®# 868867
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Photo 18: 0 Riverbend Rd in : Na Extension Unimproved Land for sale (Nanaimo)  : MLS®# 868867
Photo 19: 0 Riverbend Rd in : Na Extension Unimproved Land for sale (Nanaimo)  : MLS®# 868867
Photo 20: 0 Riverbend Rd in : Na Extension Unimproved Land for sale (Nanaimo)  : MLS®# 868867
Photo 21: 0 Riverbend Rd in : Na Extension Unimproved Land for sale (Nanaimo)  : MLS®# 868867
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Photo 25: 0 Riverbend Rd in : Na Extension Unimproved Land for sale (Nanaimo)  : MLS®# 868867
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
868867
Located at the end of Riverbend road sits this fabulous riverfront property! Offering over 40 acres with over 4500+ feet of river frontage. A perfect combination of commercial /industrial use with future residential potential. The property currently has 2 zoning designations, but primarily RM9. There is estimated to be over 600,000+ cubic yards of gravel (and that is an estimate done for just one of two sites) for extraction plus marketable timber. There are also 2 separately titled properties. Two dwellings are currently allowed under the existing zoning as well. The river frontage has beautiful vistas plus great swimming access points. A great property for now and years to come.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Na Extension, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
40.09 acre(s)
Taxes:
$5,494.22 / 2020
Commercial Area:
Other
Water supply:
None
Sewer:
None
Fireplace:
No
River Front
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Co-OpCommission:3.5% 100K & 1.5% bal if buyer physically introduced, otherwise 1.75% 100K & 0.75 bal
Assessed:
1298000.0
Assessment year:
2020
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Section 5, Range 5, Cranberry Land District, LYING TO THE S OF THE SOUTHERLY BNDRY OF THE NANAIMO RIVER, AS SHOWN IN RED ON PL DD57497W, EXC PCL A (DD B4249) & EXC PT IN PL 324RW
Utilities:
None
Lot Site Features:
Acreage, Easy Access, Level, No Through Road, See Remarks
Parking Features:
On Site
Date Listed:
Mar 05, 2021
Original Price:
1900000.0
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Data was last updated April 20, 2021 at 12:05 PM (UTC)
Area Statistics
Listings on market:
105
Avg list price:
$999,900
Min list price:
$37,500
Max list price:
$11,750,000
Avg days on market:
95
Min days on market:
4
Max days on market:
771
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.