1620 Loat St, Departure Bay, Nanaimo

1620 Loat St is a 1 bed, 1 bath Single Family Residence listed at $549,900 in Departure Bay, Nanaimo. Built in 1910. 664 sqft of living space. 13 days on market. Listed by William Wright Commercial Real Estate Services. MLS® 1044107.

$549,900 · Single Family Residence · 1 bed · 1 bath · 664 sqft · MLS® 1044107

If you want to live/build in the best area of departure bay this is one of the best entrances to live on a Clean 7200 sq ft lot surounded by mature established properties & set along the edge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with its beautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy your retirement or develop a property in an attractive neighborhood this land can provide you with the competitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. If combined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 units across both lots. Utilizing the sewer right of way for site access/parking in a proposed development plan can quickly turn the typically viewed negative(right of way) into a nutrel/net positive when looking to maximize your buildout. Single or multifamily developments these sites are ready for any of your future plans.

Property Overview

Interior

Exterior and Lot

Utilities

Features

Flooring: Carpet, Laminate

Location

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