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2120 & 2122 Bowen Rd
Na Central Nanaimo Nanaimo V9S 1H7

$1,000,000
Commercial Sale

Main Photo: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Photo 1: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Photo 2: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Photo 3: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Photo 4: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Photo 5: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Photo 6: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Photo 7: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Photo 8: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Photo 9: 2120 & 2122 Bowen Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 882125
Status:
Sold
Prop. Type:
Commercial Sale
MLS® Num:
882125
Sold Date:
Dec 15, 2021
Located on a corner lot at an arterial road backing onto residential and school lands, this is an excellent opportunity for a multifamily development. The properties total 16,397 square feet. Currently zoned R-1 Single Family Residential, the seller has commenced the rezoning process and has surveys and plans available for a 28-unit apartment project. The property fronts onto Bowen Road, a main arterial road with a growing number of commercial and multifamily properties. Located at the intersection of Latimer Road, the property also backs onto Robbie Place, providing road frontage on three sides and offering good access and site development flexibility. The Bowen Road Corridor offers an interesting mix of retail, service, recreational facilities and professional businesses as well as a rapidly escalating residential population. This area is regarded as a key urban growth node in Nanaimo's Official Community Plan. This property is on a bus route & within walking distance to many shops.
Price:
$1,000,000
Property Type:
Commercial Sale
MLS® Num:
882125
Status:
Sold
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Data was last updated June 13, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,187,450
Min list price:
$350,000
Max list price:
$7,360,000
Avg days on market:
83
Min days on market:
16
Max days on market:
463
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations.