This premium development site is comprised of 3 lots (427/449/455) with 17,692 square feet for commercial, multi-family or mixed-use in downtown Nanaimo. Redevelopment of Port Drive waterfront and Port Authority lands has been announced and most other vacant lots have been sold. Located within walking distance to Port Place Mall, the Vancouver Island Conference Centre, the bustling waterfront, seaplane, cruise ship terminal, proposed foot passenger terminal, parks, shopping, and services. This property features excellent exposure with 162' of frontage along the Trans - Canada Hwy (Nicol Street) in addition to convenient rear alley access. Flexible COR3 zoning sets the stage for a variety of uses, including: multi-family residential, duplex /4-plex, seniors housing, office, retail, restaurant, financial, and more. The upper levels of the future development will offer magnificent ocean views. This is a great land package for the serious investor.
Listed by 460 Realty Inc..
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