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4781 Mcguffie Rd 2.35 Acres of Commercial Land Offered at $1,280,232 USD in Nanaimo, BC V9T 5B3

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Investment Highlights

Highly Sought After Location a short walk to the OCEAN

Executive Summary

R1 zoning surrounded by Multi-Unit Zoning creating excellent potential for rezoning to multi-family. OCP: Suburban Neighbourhood - single-unit dwellings with/without secondary suites, Duplexes, Ground-oriented multi-unit dwellings including tri/fourplex, townhome, Up to 3 storeys. Buyer to verify redevelopment potential and measurements if important.

4781 McGuffie Brochure

Property Facts

Price	$1,280,232 USD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Multifamily
No. Lots	1	Total Lot Size	2.35 AC
Property Type	Land
Zoning	R1 - Residential - up to 2 residence. OCP Suburban Neighbourhood allows up to 25 UPH. See brochure for opportunity

Price	$1,280,232 USD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily
Total Lot Size	2.35 AC
Zoning	R1 - Residential - up to 2 residence. OCP Suburban Neighbourhood allows up to 25 UPH. See brochure for opportunity

1 Lot Available

Lot 2

Price	$1,280,232 USD	Lot Size	2.35 AC
Price Per AC	$544,779.46 USD

Price	$1,280,232 USD
Price Per AC	$544,779.46 USD
Lot Size	2.35 AC

RARE OPPORTUNITY! 2.35 Acre Parcel with 200+ ft of frontage on McGuffie Rd. INCREDIBLE LOCATION with REDEVELOPMENT POTENTIAL to multi-unit. OCP allows multi-unit. Nestled on a quiet dead end street only a short walk to trails & parks.