FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$949,000

508 Wembley Road, Parksville V9P2B2

Built 1962
Detached
Listed by: Pemberton Holmes Ltd..
Data provided by CREA's Data Distribution Facility.
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Description

Rare opportunity to acquire a 0.57-acre commercially zoned property in a high-visibility location on Wembley Road. This unique property features two legal residential dwellings, offering exceptional flexibility for investors, owner-operators, or those seeking future redevelopment potential. Rare opportunity to acquire a 0.57-acre commercially zoned property in the desirable Wembley area of the Regional District of Nanaimo, just minutes from Parksville, Highway 19, shopping, beaches, and everyday amenities. This unique property is zoned CRS1 and site-specific CRS1.7, permitting a broad range of commercial uses together with residential use, secondary suites, and shopping centre use, providing exceptional flexibility for investors, owner-operators, and future opportunities. Currently improved with two legal residential dwellings, the property offers excellent holding value while generating residential use. Situated within the Wembley Neighbourhood Centre designation, this is a rare opportunity to own a large commercially zoned property in one of the area's established mixed-use commercial corridors. Commercial properties with two legal homes are seldom available. A unique opportunity with excellent income, business, and redevelopment potential. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Other
Annual Taxes: $2,575
Lot Size: 0.57

Property Details

Property Type Detached
Sub Type Other
Lot Size 1 sq ft
Year Built 1962
Listing ID 1046926

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