1840 Stewart Ave, NANAIMO, V9S 4E6

Commercial - Building and Land For Sale


MLS® #: 430232

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.

Price History

Date Details
Price Reduced from $3,450,000 to $3,225,000
Price Reduced from $3,950,000 to $3,450,000
Price Reduced from $4,495,000 to $3,950,000

Essential Information

MLS® #: 430232
Price: $3,225,000
Type: Commercial
Sub-Type: Building and Land
Status: Active

Community Information

Address: 1840 Stewart Ave
Province: BC
Postal Code: V9S 4E6

Listing Details

Listing Office: Sutton Group-West Coast Realty (Nan)

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