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$ 675,000
Est. payment /mo
Price Dropped by $74K
540 Kennedy St Nanaimo, BC V9R2J7
8,702 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Old City
MLS® Listing ID 997725
Lot Size 8,702 Sqft
Acres 8702.0
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
Property Description
Charming Character Home with Development Potential on Nanaimo's Prettiest Street Located on the iconic, tree-lined Kennedy Street—widely regarded as one of Nanaimo's most beautiful and desirable neighborhoods—this charming property blends timeless character with rental income potential. The existing home features 4 bedrooms and 2 full bathrooms, offering a warm and inviting space perfect for homeowners or as a reliable rental income property. You'll love the preserved old-world architectural details and the spacious, mature yard—ideal for children, pets, or outdoor entertaining. But the opportunity doesn't stop there: for investors and developers, an approved Development Permit is already in place for a unique live-work complex, including two single-family homes and one duplex. Whether you're looking for a move-in-ready home in a standout location or seeking a promising development site, this property is a rare find in the heart of Nanaimo. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by REMAX Professionals