$949,000
( $403.49Per Sq Foot )
 $5,094 est/mo Sourced by Back At You

508 Wembley Rd,Parksville, BC V9P2B2

Parksville, BC V9P2B2

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Description

Rare opportunity to acquire a 0.57-acre commercially zoned property in a high-visibility location on Wembley Road. This unique property features two legal residential dwellings, offering exceptional flexibility for investors, owner-operators, or those seeking future redevelopment potential. Rare opportunity to acquire a 0.57-acre commercially zoned property in the desirable Wembley area of the Regional District of Nanaimo, just minutes from Parksville, Highway 19, shopping, beaches, and everyday amenities. This unique property is zoned CRS1 and site-specific CRS1.7, permitting a broad range of commercial uses together with residential use, secondary suites, and shopping centre use, providing exceptional flexibility for investors, owner-operators, and future opportunities. Currently improved with two legal residential dwellings, the property offers excellent holding value while generating residential use. Situated within the Wembley Neighbourhood Centre designation, this is a rare opportunity to own a large commercially zoned property in one of the area's established mixed-use commercial corridors. Commercial properties with two legal homes are seldom available. A unique opportunity with excellent income, business, and redevelopment potential. (id:13843)

Details

MLS #1046926
Listing TypeFor Sale
StyleOther
StatusActive
Year1962
Days On Site71
Listing Provided ByPemberton Holmes Ltd. | Claire Yoo

Features

SQ Feet2,352
ZoningUnknown
Acreage0.57

Interior

Fireplace Yes / NoNo

Taxes

Tax Annual Amount2574.61
Tax Lot2

Area Information

ProvinceBC
CityParksville
Postal CodeV9P2B2
Listing VS Median (in V9P2B2)
Price:
$949,000
low | high
Med:
$949,000
50% of Average
sqft:
2,352
low | high
Med:
2,352
50% of Average
$ / sqft:
$403
low | high
Med:
$403
50% of Average
On site:
71
low | high
Med:
71
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityParksville
Postal CodeV9P2B2
Listing VS Median (in V9P2B2)
Price:
$949,000
low | high
Med:
$949,000
50% of Average
sqft:
2,352
low | high
Med:
2,352
50% of Average
$ / sqft:
$403
low | high
Med:
$403
50% of Average
On site:
71
low | high
Med:
71
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $711K - $1.186M
sqft: 1,500 - 2,500
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7 846 Ackerman Rd Property Photo 1
$850,000
7 846 Ackerman Rd
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Listing Updated: September 28, 2026 at 8:09:46 PM PDT