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Main Photo: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 993603
Photo 1: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 993603
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
993603
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)
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
9,797 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Apr 01, 2025
Original Price:
1350000.0
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Virtual Tour

Listed by RE/MAX Generation (LD)
Data was last updated April 3, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$897,500
Min list price:
$23
Max list price:
$4,750,000
Avg days on market:
114
Min days on market:
2
Max days on market:
344
These statistics are generated based on the current listing's property type and located in Na Old City. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.