353 Terminal Ave, Nanaimo, BC V9R 5C7 – 944151 - John Cooper

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John Cooper

john@johncooper.ca +1(250) 619-9207

$ 899,000

Est. payment -/mo

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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)

John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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