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$ 4,495,000

1840 STEWART AVE, Nanaimo, BC, V9S 4E6

Listing ID# 430232
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$ 4,495,000

  • 1840 STEWART AVE
    Nanaimo, BC V9S 4E6
  • Listing ID 430232
  • Primary Business Type: Retail
  • Secondary Business Type: Business
  • Building Type: Commercial
  • Status: For Sale/Active
  • Days on Market: 42

Property Description

Currently offered for sale redevelopment land on foreshore lease with holding income from multiple commercial and residential tenancies. Located adjacent to the BC Ferry Departure Bay Terminal, immediately beside a Sea Plane Terminal and on a transition node of the Trans Canada Highway. This property truly is at hub of transportation. The surrounding area is under development featuring restaurants, pubs, parks and a pedestrian seawall. With the current zoning, permitted uses as per City of Nanaimo Bylaw, include but are not limited to; active marine uses, such as ship yards, fishing fleet support, float homes, moorage and water-based transportation. Marine retail, tourism, and recreational activities will also be permitted. Medium density residential development will also be permitted in this zone and supports a building height of up to four storeys.



Listing courtesy of Sutton Group-West Coast Realty (Nan)


1298 NELSON STREET, Nanaimo, BC
Commercial
1298 NELSON STREET
Nanaimo
Listing courtesy of RE/MAX Jay Cousins Realty
$3,400,000
  • 44255 sq ft
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MLS? system data provided by VIREB, copyright? 2017. The information is from sources deemed reliable but not relied upon with independent verification.