BC > Nanaimo
Nanaimo, BC V9S 1G7,1625 Bowen Rd
Nanaimo, BC V9S 1G7,1625 Bowen Rd
Nanaimo, BC V9S 1G7,1625 Bowen Rd
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Dallas King

Dallas King

+1(250) 858-5465
$1,575,000
Est. payment /mo
0.51 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 994031

Rental Info Unrestricted

Annual Tax Amount $7,897

Tax Year 2024

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Unimproved Land

Property Description

For Sale: 1625 Bowen Road is a +/- 22,041 square foot (0.51 acre) Residential Corridor (COR-1) zoned development parcel. This central Nanaimo opportunity is situated on the primary Nanaimo thoroughfare 'Bowen Road' and benefits from direct access to school systems, transportation infrastructure, retail/grocery, and nearby parkland. The COR-1 zone provides for residential, street-oriented, medium density, and office development along or near major roads up to a Floor Area Ratio (FAR) of 1.00; if certain development characteristics are met (which are detailed in Schedule D of the Nanaimo Zoning Bylaw), additional density of 0.50 FAR is theoretically achievable. The Nanaimo Re Imagined City Plan designates this site as Residential Corridor which supports mid-rise residential apartments (3-6 storys) to a target density of 100 units per hectare(UPH). The property is owner occupied and currently improved with a Mobile Home; do not access site without coordinating with listing agent

Location

Province BC

County Nanaimo, City Of

Area Na Central Nanaimo

Zoning COR-1

Exterior

Parking On Site 1

Building

Lot Description Central Location, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Near Golf Course, Recreation Nearby, Serviced, Sidewalk, Sloping

Water Municipal

Others

Tax ID 006-461-441

Ownership Freehold

Acceptable Financing Agreement for Sale

Listing Terms Agreement for Sale

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Listed by Colliers International (Nan)
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+1(250) 858-5465

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202-3440 Douglas St, Victoria, V8Z, 3L5, Canada

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