|Property TypeRetail||Lot Size3.14 acres|
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.
|Size Total3.14 ac||AcreageYes|
Listing Office: Sutton Group-West Coast Realty (Nan)
Data Provided by Vancouver Island Real Estate Board
Last Modified :07/10/2017 10:51:56 PM
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