1840 Stewart Ave, Nanaimo

$3,250,000

0 Beds
0 Baths
3.14 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. (id:6289)

Essential Information
Listing #832351
Price$3,250,000
Bathrooms0.00
Acres3.14
TypeOther
Sub-TypeLeasehold
Community Information
Address1840 Stewart Ave
SubdivisionBrechin Hill
CityNanaimo
ProvinceBritish Columbia
Postal CodeV9S4E6
Additional Information
ZoningOther
Office

Sutton Group-West Coast Realty (Nan)

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