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103 Lotus Pinnatus Way in Nanaimo: Na South Nanaimo Multi Family for sale : MLS®# 1000139

103 Lotus Pinnatus Way Nanaimo V9R 4A7 : Na South Nanaimo

Main Photo: 103 Lotus Pinnatus Way in Nanaimo: Na South Nanaimo Multi Family for sale : MLS®# 1000139banner
$7,903,000
Prop. Type:
Commercial Sale
MLS® Num:
1000139
Status:
Active
Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. Offered as-is, where-is. All information and measurements are approximate and must be verified if important.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na South Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure90.481 acre(s)
Taxes:
Ceiling Heights:
Switch units of measure
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R10
Units in Building:
Units in Community:
Occupancy:
Vacant
Lot Site Features:
Acreage, Central Location
Total Units:
Date Listed:
May 21, 2025
Original Price:
7903000.0
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated May 22, 2025 at 12:05 PM (UTC)
RICHARD LEISCHNER

Richard Leischner

Cell: 250-739-1730

Office: 250-756-1132

rlhomes@shaw.ca

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.