1840 Stewart Ave, NANAIMO, V9S 4E6

REDUCED 7%
Commercial - Building and Land For Sale

$3,225,000


Beds
Baths
Sqft
Built
MLS® #: 430232
Active

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
City: NANAIMO
Province: BC
Postal Code: V9S 4E6

Listing Details

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

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