1840 Stewart Ave, Nanaimo, V9S 4E6

Commercial Sale - Mixed Use For Sale

$3,250,000


Beds
Baths
Sqft
3.15Acres
Built
372DOM
MLS® #: 832351
Active, 372 Days on Market

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.

Essential Information

MLS® #: 832351
Price: $3,250,000
Bathrooms: 0.00
Acres: 3.15
Type: Commercial Sale
Sub-Type: Mixed Use
Status: Active

Community Information

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

Amenities

Is Waterfront: Yes
Waterfront: Yes

Additional Information

Days on Market: 372
Zoning: W2

Listing Details

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

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