Fabulous ocean-view holding property in a prime location to take advantage of the growth and evolution of Nanaimo's downtown core. DT12 Gateway zoning provides for a wide variety of commercial and residential uses, making this a solid investment. Currently used as a single-family home with inlaw suite, this property would convert well to a live/work space with great traffic exposure, provide options for rental potential, or you can dig in with other local owners transforming the downtown streetscape with creative businesses. The landscaped rear yard sits perched above the quickly evolving Harbour View District, offering dynamic views of the harbour, Gabriola Island and the Straight beyond. A single car garage provides secure parking with additional parking in the front courtyard or for a small monthly fee at the parking lot a few meters away. 3D Tour available. All data and measurements are approximate, please verify.