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Commercial Sale

$1,850,000
6950 Lantzville Rd, Lantzville, BC

Address

6950 Lantzville Rd, Lantzville, BC

Price

$1,850,000

Property Description

1.3 Acre high visibility location on the edge of one of Canada's and BC's fastest growing communities. Current zoning allows Assembly, Child care, Community care, Cultural Service, Funeral service, Health service, Indoor recreation, Market, Office, School, Restaurant, Seniors home., etc. etc. Combine with MLS No. 1052240 for a 3.04 acre development. Development potential for the combined parcel is estimated at 120,000 square feet of buildable area (50% parcel coverage to a maximum of 8 meters) over a flat, gently sloping landscape. Potential to re-zone with the OCP supporting multi-family structures. Any re-zoning would have to be confirmed by the buyer. An Engineering study has been completed and could be made available.
Independent appraisal available to support listing value.

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Property Details

MLS® Number: 1052238
Property Type: Commercial Sale
Property Subtype: Unimproved Land
Status: Active
Lot Size: 1.30 acres
Area: Nanaimo - Na Lower Lantzville
Annual Tax: $4,100 (2020)
Days on Market: 2 days

MLS® Number

1052238

Property Location

6950 Lantzville Rd, Lantzville, BC

Listed by Royal LePage Coast Capital Realty

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