508 Wembley Rd Parksville, British Columbia V9P 2B2
$949,000
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:59709)
Business
| Business Type | Other |
| Business Sub Type | Other |
Property Details
| MLS® Number | 1046926 |
| Property Type | Other |
| Neigbourhood | Parksville |
| Plan | Vip2467 |
Building
| Constructed Date | 1962 |
| Size Exterior | 2352 Sqft |
| Type | Other |
Land
| Access Type | Highway Access |
| Acreage | No |
| Size Irregular | 0.57 |
| Size Total | 0.57 Ac |
| Size Total Text | 0.57 Ac |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/30154961/508-wembley-rd-parksville-parksville
Contact Us
Contact us for more information
Claire Yoo
Personal Real Estate Corporation
150-805 Cloverdale Ave
Victoria, British Columbia V8X 2S9
(250) 384-8124
(800) 665-5303
(250) 380-6355
www.pembertonholmes.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 14 2026 06:33:29
Victoria Real Estate Board
Pemberton Holmes Ltd.