Listing Details for 1840 Stewart Ave, Nanaimo - MLS® #832351
Other Commercial Mix For Sale 3,250,000Commercial Mix For Sale at $3,250,000
Save
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
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)
Listed by Sutton Group-West Coast Realty (Nan)
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
Listing information last updated on Wed, 19 Aug 2020 19:01:07 GMT.