Potential Redevelopment Site

• 1.1 acres of prime development land with lake frontage located in popular Diver Lake area
• Currently Zoned R1, the City of Nanaimo’s Official Community Plan designates the property as “Industrial”
• Re-zoning to “Corridor” may be an option, as it allows mixed use 2-6 storey developments with residential densities of 50-150 units/hectare

Offered for Sale

$990,000.00