352 Wesley St, Nanaimo BC V9R 2T6

352 Wesley St, Nanaimo BC V9R 2T6 - Unimproved Land for Sale in Nanaimo, BC

This 0 bedroom, 0 bathroom unimproved land is listed for sale at $1,950,000 in Nanaimo, British Columbia. Lot size: 19,166 sq ft (0.44 acres).MLS® #1040063.

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.

Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the Na Old City neighborhood. Part of the Nanaimo area.