626 Fourth St Nanaimo, British Columbia V9R 1V3

$459,900

Opportunity knocks! Just steps from Vancouver Island University, this COR1-zoned property offers huge potential for redevelopment. The Planning Department of the City of Nanaimo has indicated that a single-family home with a suite and a carriage house would be permitted on this lot. The flat lot also supports uses like daycare or office space. While the current home may need significant work, the location and land value make this a standout investment. Priced well below assessed value—don’t miss this chance to capitalize on a prime, centrally located lot. Bring your ideas, your clients, and your offers! Data is approximate; verify if integral. (id:46156)

Property Details

MLS® Number	999221
Property Type	Single Family
Neigbourhood	University District
Features	Level Lot, Other
Parking Space Total	2
Plan	Vip5910

Building

Bathroom Total	1
Bedrooms Total	2
Constructed Date	1948
Cooling Type	None
Fireplace Present	Yes
Fireplace Total	1
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Size Interior	1,689 Ft2
Total Finished Area	872 Sqft
Type	House

Parking

Stall

Land

Acreage	No
Size Irregular	6958
Size Total	6958 Sqft
Size Total Text	6958 Sqft
Zoning Description	C0r1
Zoning Type	Residential

Rooms

Level	Type	Length	Width	Dimensions
Main Level	Primary Bedroom			13'9 x 12'6
Main Level	Living Room			13'11 x 13'9
Main Level	Kitchen			12'7 x 10'4
Main Level	Dining Room			12'7 x 6'1
Main Level	Bedroom			10'1 x 9'1
Main Level	Bathroom			4-Piece

https://www.realtor.ca/real-estate/28284574/626-fourth-st-nanaimo-university-district