352 Wesley St Nanaimo, British Columbia V9R 2T6
$1,950,000
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:48643)
Property Details
| MLS® Number | 1040063 |
| Property Type | Vacant Land |
| Neigbourhood | Old City |
| Features | Central Location, Curb & Gutter, Sloping, Partially Cleared, Other |
| Parking Space Total | 60 |
| Plan | Vip584 |
Building
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 20522 |
| Size Total | 20522 Sqft |
| Size Total Text | 20522 Sqft |
| Zoning Description | Dt2 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29899885/352-wesley-st-nanaimo-old-city
Contact Us
Contact us for more information
Lee Robinson
www.leerobinson.ca/
www.facebook.com/www.leerobinsonrealestatevancouverisland
leerobinson70/
4200 Island Highway North
Nanaimo, British Columbia V9T 1W6
(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/



