Opportunity awaits with this versatile Nanaimo property offering excellent redevelopment and investment potential. Situated on 2 separately titled lots with COR1 zoning, this unique offering opens the door to a variety of residential and commercial possibilities in a desirable central location. The existing 3-bedroom home offers a solid opportunity for renovation, ideal for buyers looking to update and create a comfortable residence while benefiting from the property's long-term upside. A large detached workshop adds exceptional value, perfect for hobbyists, or anyone needing substantial workspace separate from the home. With 2 legal lots and COR1 zoning, the property presents redevelopment or mixed-use potential (buyer to verify with the City of Nanaimo). Conveniently located close to amenities, transportation routes, and the Hospital, this is an opportunity to secure a flexible property with multiple paths for future value. Measurements are approximate, verify if important.