1298 Nelson Street, Nanaimo

Price: 
$3,600,000.00
Type: 
Commercial / Office
MLS® Listing ID: 
401616

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 L/S 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.

1298 Nelson Street
Nanaimo, BC V9S 2K5