2433 Summerset Rd

Key facts

• Property type: Vacant Land
• Transaction: For Sale
• Price: $895,000
• Lot size: 3.17
• Listing key: 29360988

Listing overview

Rare opportunity to invest in two titled properties totaling 3.17 acres, located at 2433 Summerset Road (2.04 Acres) and 2430 Island Hwy E (1.13 Acres). These parcels have a high visibility location with Island Highway frontage, making them ideal for a variety of commercial uses or residential use. Approximately a 5-minute drive to North Nanaimo, these properties are conveniently close to all levels of amenities. The proximity to Nanaimo also ensures easy connections to the lower mainland via multiple ferry services, float planes, and the Helijet. Both parcels are undeveloped, offering a blank canvas for your vision. With CM5 zoning, the possibilities are vast, including potential uses such as a hotel, pub, restaurant, residential, recreation facility, public assembly, resort vehicle park, and tourist centre. Don't miss this investment opportunity in a high-exposure, rapidly growing area...