Property Information:
Old City Quarter Development lot is almost 1/4 acre in size & nestled within a selection of restaurants, specialty retail, pubs, & amenities, & close to Nanaimo’s downtown core. Currently 36 stall parking lot (Fully rented), w/ opportunity to generate revenue while you develop the adjacent 36 stall parking lot & office building (341 Robson St. MLS 993602 & 348 Wesley St. MLS 993605) also available to purchase, w/2 separate titles offering office building including a 2-bedrm accomm. creating additional income supporting future opportunities for development, + 2 separate parking lots. Zoning DT2 allowing for variety of commercial & residential development options & wide array of opportunities such as low-rise 30 to 66 condo/townhome building,+ additional lot purchase of 341 Robson St. could potentially build over 100 units+ on almost 1/2 acre of combined land w/ocean view/rooftop patios/secured parking w/graded access for parking.(All measurements approx & must be verified if important)
