$3,500,000 · Development site located across the Street from the Hospital

Excellent holding property and/or development site located across the street from Nanaimo Regional General Hospital. This property feature 2 seperate 6 unit apartment buildings that provide solid income and low vacancies. The property is zoned R8 and will allow for approx 40,000 sq/ft to be built with underground parking and by meeting tier 1 requirements (buyers to do their own due diligence). The city may support a rezoning to allow mixed use or higher density also. With 3 road frontages and an ideal location to take advantage of our growing hospital and health care worker population, this opportunity in very unique. Myles McCullough – Personal Real Estate Corporation Sims Real Estate Group – Powered by eXp Realty