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508 Wembley Rd
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508 Wembley Rd

Parksville, British Columbia V9P2B2

$949,000

MLS® 1046926

1962

Year Built

Other

Type

1 acres

Lot Size

Description

Rare opportunity to acquire a 0.57-acre commercially zoned property in a high-visibility location on Wembley Road. This unique property features two legal residential dwellings, offering exceptional flexibility for investors, owner-operators, or those seeking future redevelopment potential. Rare opportunity to acquire a 0.57-acre commercially zoned property in the desirable Wembley area of the Regional District of Nanaimo, just minutes from Parksville, Highway 19, shopping, beaches, and everyday amenities. This unique property is zoned CRS1 and site-specific CRS1.7, permitting a broad range of commercial uses together with residential use, secondary suites, and shopping centre use, providing exceptional flexibility for investors, owner-operators, and future opportunities. Currently improved with two legal residential dwellings, the property offers excellent holding value while generating residential use. Situated within the Wembley Neighbourhood Centre designation, this is a rare opportunity to own a large commercially zoned property in one of the area's established mixed-use commercial corridors. Commercial properties with two legal homes are seldom available. A unique opportunity with excellent income, business, and redevelopment potential. (id:65701)

Property Details

Ownership Freehold
Annual Taxes $2,574.61
Structure Other

Listed by

Pemberton Holmes Ltd.

Victoria

Interested in this property?

Contact Kara Call 604.328.8000
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