*VENDOR FINANCING AVAILABLE*  Conveniently located in Central Nanaimo and a few blocks from the Nanaimo General Hospital, all types of shopping including Country Grocer, and Beban park this development site is ready to go. The lot is 11,791 SF and is already zoned COR 1 with a development permit and building permit for a 4 storey 21 - unit condo building ready to be issued once the house on the property is demolished which can occur immediately with permit in place. All plans, engineering, and architectural drawings are complete and paid for. The seller has recently paid over $386,600 in city fees and construction deposits that can be negotiated into an offer in a few different ways depending on the buyer's requirements.