$ 899,000
353 Terminal Ave Nanaimo, BC V9R 5C7
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 899,000
Est. payment /mo
Active
353 Terminal Ave Nanaimo, BC V9R 5C7
0.48 Acres Lot
UPDATED:
07/26/2024 03:51 PM
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 944151
Rental Info Unrestricted
Annual Tax Amount $18,934
Tax Year 2022
Lot Size 0.480 Acres
Acres 0.48
Property Description
0.48 acre high exposure commercial property with excellent development potential. This property is currently vacant zoned DT4 - Terminal Avenue Zone. The property is well located in the growing downtown core of Nanaimo with frontage onto Terminal Avenue and only blocks away from the waterfront, Vancouver Island Conference Centre and float plane terminals. DT4 - This zone provides for predominately mixed office and retail area with three to six storey buildings intended to support the unique role as a gateway into the downtown core. 2.3 FAR base density with +0.2 additional density for Tier 1 and +0.25 additional density for Tier 2. Maximum height permitted is 19.8m. Contact listing agent for further details.
Location
Province BC
County Nanaimo, City Of
Area Na Old City
Zoning DT4
Exterior
Parking On Site 1
Building
Lot Description Central Location, Cleared, Easy Access
Sewer Sewer Available
Water Municipal
Others
Restrictions ALR: No
Ownership Freehold
Listed by Colliers International (Nan)