Property Description

PRIME multi-family, commercial, mixed use development site in the heart of downtown Nanaimo's Wesley Quarter. Elevated ocean, city and distant coastal mountain view site offered in a prominent, desirable location at the corner of Wallace and Fitzwilliam Street. Zoned DT2, multiple commercial and residential uses are permitted with 100% site coverage, 4m height, zero parking requirement and 2.3 FSR. Higher FSR may be considered subject to city approval. This unique property offers high visibility on the main corridor connecting downtown Nanaimo, the water front, seawall, seaplane terminal, Inland Island Highway, VIU, Ice Centre and Aquatic Centre. The site neighbours Wesley Quarter with destination restaurants, shops and professional offices. Directly across the road is Bastion Bridge meandering to the city centre shopping, dining, hotel and entertainment hub.

Property Details

  • Property ID:30111435
  • Price:$799,000
  • Property Type:Commercial Sale
  • Lot Size:16770.00 sq ft
  • Parking:50 spaces
  • Status:Active
  • City:Nanaimo
  • State/Province:BC
  • Postal Code:V9R 5B6
  • Listing Agent:Sandy Clark
  • Office:Macdonald Commercial Real Estate Services Ltd.

Condition

  • 3 Bedrooms
  • 2 Bathroom
  • 1 Garage
  • 1 Balcony
  • 4800 sq ft
  • TV

Features

  • Air conditioning
  • Wifi
  • Swimming Pool
  • Double Bed
  • Balcony
  • Telephone
  • Garage
  • Parking
  • TV
  • Home Theater
  • Alarm
  • Garage
  • Gym
  • Electric Range
  • Private space

Floor Plans

Size Rooms Bathrooms
1600 3 2
floor-plans

Property Vedio

Property Location