1840 Stewart Ave, Nanaimo

$3,250,000

0 Beds
0 Baths
0 Sqft
3.15 Acres
0 Garages

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
Bathrooms0.00
Acres3.15
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address1840 Stewart Ave
AreaNa Brechin Hill
CityNanaimo
ProvinceBC
Postal CodeV9S 4E6
Amenities
Is WaterfrontYes
WaterfrontYes
Additional Information
Days on Market249
ZoningW2
Office

Sutton Group-West Coast Realty (Nan)

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