1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
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Evan Schroeder

Evan Schroeder

+1(250) 667-7467
Listed by Jay Deleskie William Wright Commercial Real Estate Services
$ 549,900
Est. payment | /mo

641 SqFt

Save
$ 549,900
Est. payment | /mo
Save

641 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 641 sqft

Price per Sqft $857

MLS Listing ID 1044119

HOA Y/N No

Annual Tax Amount $2,535

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Property Description

If you want to live/build in the best area of departure bay this is one of the best entrances tolive on a Clean 7200 sq ft lot surounded by mature established properties & set along theedge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with itsbeautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy yourretirement or develop a property in an attractive neighborhood this land can provide you with thecompetitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. Ifcombined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 unitsacross both lots. Utilizing the sewer right of way for site access/parking in a proposed development plan can quickly turn the typically viewed negative(right of way) into a nutrel/netpositive when looking to maximize your buildout. Single or multifamily development these sites areready for any of your future plans

Location

Province BC

County Nanaimo, City Of

Community Na Departure Bay

Area Nanaimo

Zoning Multifamily R5

Interior

Heating Baseboard, Electric

Flooring Carpet, Laminate

Fireplace No

Exterior

Exterior Feature Fencing: Partial

Parking Features On Site

View Y/N Yes

View Ocean

Street Surface Paved

Garage No

Building

Lot Description Rectangular Lot, Serviced, Southern Exposure

Sewer Sewer Connected

Water Municipal

Others

Restrictions Easement/Right of Way

Ownership Freehold

Nearby Locations

Evan Schroeder

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 667-7467

evan@esrealty.ca

6005 Sunset Rd, Nanaimo, British Columbia, V9V 1K2, CAN

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1620 Loat St