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1840 STEWART AVE
Z4 Brechin Hill NANAIMO V9S 4E6

$3,250,000
Building And Land

Main Photo: 1840 STEWART AVE in NANAIMO: Z4 Brechin Hill Building And Land for sale (Zone 4 - Nanaimo)  : MLS®# 465009
Status:
Active
Prop. Type:
Building And Land
MLS® Num:
465009
Bus Major:
Commercial
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.
Lot Size:
3.14 acre(s)
Lot Shape:
Lease Operational Costs per Sq Ft:
Unit Rentable Area:
Property Type:
Building And Land
Title:
Leasehold
Major Business Type:
Commercial
Business Name:
Multi-Family Type:
Industrial Type:
Restrictions:
Land And Services:
Date Listed:
Previous Price:
Original Price:
  • Photo 1: 1840 STEWART AVE in NANAIMO: Z4 Brechin Hill Building And Land for sale (Zone 4 - Nanaimo)  : MLS®# 465009
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated February 22, 2020 at 11:10 PM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$1,362,000
Min list price:
$389,900
Max list price:
$7,524,000
Avg days on market:
60
Min days on market:
4
Max days on market:
354
Avg price per sq.ft.:
$260.26
These statistics are generated based on the current listing's property type and located in Zone 4 - Nanaimo. Average values are derived using median calculations.
WIN MYINT
SANDY LIU