Listing Details for 1840 Stewart Ave, Nanaimo - MLS® #430232

Retail For Sale 3,450,000

Retail Property For Sale at $3,450,000

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Basic Details

Listing ID
18615546
MLS® Number
430232
Street Address
1840 Stewart Ave
City
Nanaimo
Postal Code
V9S4E6
Property Type
Retail
Price
3,450,000
Neighbourhood
Z4 Brechin Hill
More Details...

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Property Description

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. (id:8145)

Full Details

Land

Size
3.14 ac
Acreage
Yes
Irregular
3.14

Listed by Sutton Group-West Coast Realty (Nan)

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Listing information last updated on Fri, 22 Mar 2019 03:48:49 GMT.