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$675,000
1047194 MLS
Situated on the high side of Prideaux Street in Nanaimo’s sought-after Old City, 415 Prideaux offers an excellent opportunity for builders and developers seeking a development site. This land-only property is zoned DT8 – Old City Mixed Use and benefits from rear lane/alley access. A development permit application has been submitted for a proposed five-unit multi-family townhouse development consisting of two buildings, designed with efficient, attainable construction in mind. An appealing entry-level development opportunity for developers. The elevated location may offer potential views. Conveniently located near downtown Nanaimo, shopping, services, restaurants and transportation. All information, zoning, development potential, dimensions, permits, servicing, plans, costs and proposed uses must be independently verified by the Buyer. The active development permit application does not constitute approval or guarantee future development potential.

415 Prideaux St, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$1,950,000
1040063 MLS
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.

352 Wesley St, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

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