Listing Details for 1840 Stewart Ave, Nanaimo - MLS® #832351

Other Commercial Mix For Sale 3,250,000

Commercial Mix For Sale at $3,250,000

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Basic Details

Listing ID
21511195
MLS® Number
832351
Street Address
1840 Stewart Ave
Street Number
1840
Street Name
Stewart
City
Nanaimo
Postal Code
V9S4E6
Property Type
Other
Price
3,250,000
Ownership Type
Leasehold
Zoning Description
W2
Neighbourhood
Brechin Hill
Zoning Type
Other
More Details...

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Property Description

Currently offered for sale are 3.14 acres of 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. Further info available. (id:8145)

Full Details

Land

Size
3.14 ac
Acreage
Yes
Irregular
3.14

Building

Building Type
Commercial Mix
Top

Listed by Sutton Group-West Coast Realty (Nan)

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Listing information last updated on Wed, 19 Aug 2020 19:01:07 GMT.