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1840 STEWART AVE
Z4 Brechin Hill NANAIMO V9S 4E6

$3,225,000
Building And Land

Main Photo: 1840 STEWART AVE in NANAIMO: Z4 Brechin Hill Building And Land for sale (Zone 4 - Nanaimo)  : MLS®# 430232
Status:
Active
Prop. Type:
Building And Land
MLS® Num:
430232
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.
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®# 430232
    Photo 1 of 1
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated November 18, 2019 at 09:10 PM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$924,900
Min list price:
$399,900
Max list price:
$4,900,000
Avg days on market:
179
Min days on market:
6
Max days on market:
803
Avg price per sq.ft.:
$129.01
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