Address
352 Wesley St, Nanaimo, BC
Price
$ 1,950,000
Property Attributes
- ID#1040063
- TypeLand
- Listing Status Active
- MunicipalityNanaimo
- CityNanaimo
- AreaNanaimo
- NeighbourhoodOld City
- Postal CodeV9R 2T6
- Style
- Price$ 1,950,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
352 Wesley Street and 341 Robson Street present a rare downtown development opportunity in the heart of Nanaimo's vibrant Old City Quarter. Offered together, these two separately titled DT2-zoned properties total approx. 20,522 sq.ft. and provide exceptional development potential for mixed-use, multi-family, office, retail, hospitality, and live/work projects. With a base FAR of 2.3 and 100% lot coverage, the site may accommodate approximately 47,200 sq.ft. of buildable floor area, with potential density incentives available through the City of Nanaimo (buyer to verify all). Ideally located on the Old City's most desirable Street, surrounded by popular restaurants and boutiques, this is one of Nanaimo's most sought-after urban investment locations. Both properties enjoy dual frontage on Wesley Street and Robson Street and are currently operating as fully leased (unpaved) parking lots, generating valuable holding income while future development plans are pursued. Price plus GST. (id:7434)
General Features
| Features | Central location, Curb & gutter, Sloping, Partially cleared, Other |
|---|---|
| Property Type | Vacant Land |
| Zoning Description | DT2 |
| ZoningType | Unknown |
| Neighbourhood | Old City |
| Parking Space Total | 60 |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in V9R 2T6
Price
