311 Wallace St, Nanaimo BC V9R 5B6
$799,000
01 ba
311 Wallace St, Nanaimo BC V9R 5B6 - Unimproved Land for Sale in Nanaimo, BC
This 0 bedroom, 1 bathroom unimproved land is listed for sale at $799,000 in Nanaimo, British Columbia. Lot size: 16,553 sq ft (0.38 acres).MLS® #1017831.
PRIME multi-family, commercial, mixed use development site in the heart of downtown Nanaimo's Wesley Quarter. Elevated ocean, city and distant coastal mountain view site offered in a prominent, desirable location at the corner of Wallace and Fitzwilliam Street. Zoned DT2, multiple commercial and residential uses are permitted with 100% site coverage, 4m height, zero parking requirement and 2.3 FSR.
Higher FSR may be considered subject to city approval. This unique property offers high visibility on the main corridor connecting downtown Nanaimo, the water front, seawall, seaplane terminal, Inland Island Highway, VIU, Ice Centre and Aquatic Centre. The site neighbours Wesley Quarter with destination restaurants, shops and professional offices.
Directly across the road is Bastion Bridge meandering to the city centre shopping, dining, hotel and entertainment hub.
Property features include: City View, Mountain View, Ocean View, Cul-de-Sac, Golf Course.
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$799,000
For Sale
1 / 16
311 Wallace St, Nanaimo BC V9R 5B6
Nanaimo, BC V9R 5B6
MLS® #1017831
Macdonald Commercial Real Estate Services Ltd.
0beds
1baths
Property Details
Wallace St Market Report
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View Wallace St Market ReportDescription
PRIME multi-family, commercial, mixed use development site in the heart of downtown Nanaimo's Wesley Quarter. Elevated ocean, city and distant coastal mountain view site offered in a prominent, desirable location at the corner of Wallace and Fitzwilliam Street. Zoned DT2, multiple commercial and residential uses are permitted with 100% site coverage, 4m height, zero parking requirement and 2.3 FSR.
Higher FSR may be considered subject to city approval. This unique property offers high visibility on the main corridor connecting downtown Nanaimo, the water front, seawall, seaplane terminal, Inland Island Highway, VIU, Ice Centre and Aquatic Centre. The site neighbours Wesley Quarter with destination restaurants, shops and professional offices.
Directly across the road is Bastion Bridge meandering to the city centre shopping, dining, hotel and entertainment hub.
Features & Amenities
City View
Mountain View
Ocean View
Cul-de-Sac
Golf Course
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$5,495
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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Property Location
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