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Listed by Evan Richardson William Wright Commercial Real Estate Services
$ 1,398,800
Est. payment | /mo
10,316 SqFt
$ 1,398,800
Est. payment | /mo
10,316 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,316 sqft
Price per Sqft $135
MLS Listing ID 1052171
HOA Y/N No
Tax Year 2026
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Multi Family
Property Description
2630 Labieux Road presents an institutional investment opportunity on a 21,205 SF site in Nanaimo, BC. The property features a 10,316 SF, two-storey building currently configured as a 19-bed community-based treatment and recovery facility, with specialized improvements and infrastructure well suited to treatment, supportive housing and other community-serving uses. Zoned CS1 (Community Service One), the property benefits from approximately 149 feet of Labieux Road frontage, a level site, municipal servicing and established institutional improvements. The property also offers long-term upside, with the accompanying appraisal identifying potential for residential redevelopment through R6 Townhouse Residential or R7 Row House Residential zoning, subject to rezoning and applicable municipal approvals. The combination of an existing specialized facility, income-producing potential and underlying redevelopment opportunity creates multiple strategies for both owner-users and investors.
Location
Province BC
County Nanaimo, City Of
Community Na Central Nanaimo
Area Nanaimo
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Garage No
Others
Ownership See Supplements
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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