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  • 1840 STEWART AVE in NANAIMO: Z4 Brechin Hill Building And Land for sale (Zone 4 - Nanaimo) : MLS®# 430232

    Main Photo: 1840 STEWART AVE in NANAIMO: Z4 Brechin Hill Building And Land for sale (Zone 4 - Nanaimo)  : MLS®# 430232
    $3,950,000
    Building And Land
    Status:
    Active
    MLS® Num:
    430232
    Major Bus.:
    Commercial
    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. More details
    Listed by JEFF KING* of Sutton Group-West Coast Realty (Nan)
    Ken Welte
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Listing information last updated on September 21, 2018 at 01:13 AM (UTC)