About This Property
This over 8,700 square foot lot is currently utilized as a parking lot for the restaurant next door. Being surrounded by redevelopment activity, this is an attractive opportunity for investors and developers looking to build in a growing area with support from the city for development. This property must be purchased in conjunction with 199 Fraser St. The sellers are willing to offer very attractive vendor financing terms. (id:64973)
At $51.47 per square foot, this vacant lot in Nanaimo's Fraser Street district is priced competitively compared to the city's average of $60 per square foot for similar properties. The location's redevelopment potential and attractive vendor financing terms make this an appealing investment opportunity for developers seeking to capitalize on the growing demand for housing in this burgeoning neighborhood.
Property Details
Location
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