1298 Nelson Street, Nanaimo

 homes for sale - 1298 Nelson Street, Nanaimo | Jay Cousins, Nanaimo REALTOR ®

This 90 bed senior's care facility is fully operational in the Regional Hospital area of Nanaimo. Nanaimo Travellers Lodge Society has obtained land for a new facility and is currently negotiating with funding extension to allow construction to begin. Sale of this facility is required to proceed. The current appraisal on the property is indicated at 4.5 million dollars. New designated Commercial Centre Zoning (CC5-Hospital Urban Centre) provides for health related professional offices & medium to high residential accommodation & other permitted uses. (Call LS for details). The Facility will ideally lend itself to congregate care, student housing, or hostel/residential type uses. Medical related uses can take advantage of close proximity to Nanaimo Regional General Hospital. Sellers will lease back premises from Buyer until construction and occupancy of the new facility is complete. Information portfolio is available. Measurements are approximate and should be verified if important.

Property Details

$3,400,000 Calculate Mortgage Payment

  • MLS® #: 417498
  • Bedrooms: 0
  • Bathrooms: 0
  • Sqft: 44255 sqft

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Property Brokerage: RE/MAX Jay Cousins Realty




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RE/MAX First Realty


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