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Wes Smith RE/MAX Ocean Pointe
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1840 STEWART Avenue in NANAIMO: Z4 Brechin Hill Building And Land for sale (Zone 4 - Nanaimo) : MLS®# 430232

1840 STEWART Avenue NANAIMO V9S 4E6 : Z4 Brechin Hill

Main Photo: 1840 STEWART Avenue in NANAIMO: Z4 Brechin Hill Building And Land for sale (Zone 4 - Nanaimo)  : MLS®# 430232
$3,950,000
Prop. Type:
Building And Land
MLS® Num:
430232
Status:
Active
Bus Major:
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.
Property Type:
Building And Land
Major Business Type:
Commercial
Date Listed:
Jan 04, 2019
Original Price:
$3,950,000
Sutton Group-West Coast Realty (Nan)
Data was last updated April 19, 2019 at 05:10 PM (UTC)
WES SMITH