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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
832351
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.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Listing General Location:
Na Brechin Hill, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3.15 acre(s)
Yes
Zoning:
W2
Occupancy:
Tenant
Total Parking Spaces:
0
Date Listed:
Jan 30, 2020
Original Price:
3250000.0
Larger map options:
Listed by JEFF KING* of Sutton Group-West Coast Realty (Nan)
Data was last updated August 7, 2020 at 03:10 AM (UTC)
Area Statistics
Listings on market:
62
Avg list price:
$824,450
Min list price:
$88,000
Max list price:
$12,750,000
Avg days on market:
113
Min days on market:
2
Max days on market:
676
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
Ken Welte