C$399,900

0.2 ACRE OF OPPORTUNITY IN THE HEART OF CENTRAL NANAIMO! Attention builders, developers & investors: This generous 8,712 sq ft lot is priced to sell & offers exciting redevelopment potential with zoning allowing consideration of up to 4 dwelling units without rezoning (subject to City approval). Need inspiration? The neighbouring property is the same lot size and has already been developed with a triplex! Rear alley access adds flexibility for future development, ideal for off street parking. The existing cottage built in approx. 1913 is considered a teardown, with value primarily in the land for higher density potential. Serviced by city water & sewer with gas & hydro already to lot. This is an unbeatable central location for families, just a 1-minute walk to Forest Park elementary off the alley & walkable to Beban Park's ice rinks, pool, golf, sports fields, pickleball & BMX park. Nearby to the hospital plus some of Nanaimo's favorite restaurants & shopping. 2025 Northfield Road benefits heavily from the city's massive Midtown Gateway Infrastructure Project which recently overhauled the nearby intersection with multi-use paths, better pedestrian safety boundaries, while vehicle and bike commuting remains quick with access to the Parkway and Island Highway within minutes (and their parallel flowing paved bike paths). See the potential and bring your vision! PLEASE DO NOT WALK LOT WITHOUT PRIOR APPROVAL/AGENT PRESENT. OFFEERED FOR SALE AS IS WHERE IS. Cottage interior available for viewing with precaution. Rear shed built overtop of decommissioned well. View video & info package at www.TeamInvestWest.com. Contact Mandy Colford & Shayna Beute of Team Invest West, RE/MAX Professionals for a private tour or questions. Call/Text 250-739-5678 (id:41202)