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1298 NELSON STREET in NANAIMO: Z4 Central Nanaimo Building And Land for sale (Zone 4 - Nanaimo) : MLS(r) # 417498

1298 NELSON STREET NANAIMO V9S 2K5 : Z4 Central Nanaimo

Main Photo: 1298 NELSON STREET in NANAIMO: Z4 Central Nanaimo Building And Land for sale (Zone 4 - Nanaimo)  : MLS(r) # 417498
$3,400,000
Prop. Type:
Building And Land
MLS® Num:
417498
Status:
Active
Bus Major:
Commercial
This 90 bed senior's care facility is fully operational in the Regional Hospital area of Nanaimo. Nanaimo Travellers Lodge Society has obtained land for a new facility and is currently negotiating with funding extension to allow construction to begin. Sale of this facility is required to proceed. The current appraisal on the property is indicated at 4.5 million dollars. New designated Commercial Centre Zoning (CC5-Hospital Urban Centre) provides for health related professional offices & medium to high residential accommodation & other permitted uses. (Call LS for details). The Facility will ideally lend itself to congregate care, student housing, or hostel/residential type uses. Medical related uses can take advantage of close proximity to Nanaimo Regional General Hospital. Sellers will lease back premises from Buyer until construction and occupancy of the new facility is complete. Information portfolio is available. Measures approx; verify if important.
Total Floor Area:
Switch units of measure1.02 acre(s)
Property Type:
Building And Land
Title:
Freehold
Major Business Type:
Commercial
Listing information last updated on 28-Jun-2017 3:10 PM