Featured exterior photo of 880 Hecate St, Nanaimo, BC
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Days On Market: 362
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Commercial Sale

$614,000
880 Hecate St, Nanaimo, BC

Address

880 Hecate St, Nanaimo, BC

Price

$614,000

Property Description

Prime Development Opportunity in South Nanaimo Located within walking distance from downtown Nanaimo, this exceptional property presents a unique investment opportunity. Currently, the property includes a commercial space on the main floor and a 2-bedroom rental suite above, providing immediate rental income. What truly sets this property apart is the approved development permit for a Craftsman-inspired, 2.5-story "missing middle" housing project. Plans include four 1-bedroom and four 2-bedroom units, many featuring rooftop balcony access. This provides a fantastic opportunity for a developer to create a modern, high-demand multifamily property in a prime location. Don't miss this chance to invest in a property that offers both immediate returns and future development potential. All Measurements Approx. Verify if Important.

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Contact Scott Parker Personal Real Estate Corporation for more information

(250) 751-1223
scott@scottparker.ca
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Property Details

MLS® Number: 996780
Property Type: Commercial Sale
Property Subtype: Mixed Use
Status: Active
Lot Size: 0.22 acres
Area: Nanaimo - Na Old City
Annual Tax: $5,916 (2024)
Days on Market: 362 days

Additional Property Details

Building Type: Commercial Mix

Parking & Land Details

Land Size: 9405 sqft
Acreage: false

Landscape & Property Information

Irregular Land Size: 9405
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

996780

Property Photos

Property Landing Page Open shareable magazine-style page

Property Location

880 Hecate St, Nanaimo, BC

Listed by RE/MAX of Nanaimo

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