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155 Fry Nanaimo, BC V9R 0H6

155 Fry St

Offered at: $3,500,000

MLS®: 992831

Introducing an unparalleled investment opportunity at 155 Fry St in the dynamic Harbour View District. This prime 58 high-quality residential units, 0.79-acre development site offers a turnkey project with a building permit ready for immediate pick-up, enabling construction of a five-story multi-family building complete with an underground parkade. The development features a 1,825-square-foot commercial space, strategically designed to capture stunning ocean views and benefit from its short walking distance to downtown amenities and waterfront attractions. With comprehensive analysis, planning, procurement, and permit processes fully completed, investors can transition directly to development with confidence. Modern conveniences including EV charging, bike storage, and secure parking, along with a five-year tax exemption in a revitalized downtown setting, make this a uniquely attractive opportunity for sustainable urban living.

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0
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SQFT
YES
SHOWING AVAILABLE
Property Type:
Residential
Home Ownership:
Freehold

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For a $3,500,000.00 mortgage at 5%, 25 years amortization, your monthly payment will be
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Office: 250-702-5950

BESbswy