Commercial Land for sale
353 Terminal Ave, Nanaimo
$899,000
Features
Lot Size
20,909 sqft
Gross Property Tax
$18,934.64 /year
Zoning
DT4
Additional Features
Central Location, Cleared, Easy Access
Water Supply
MNCP
Sewer/Septic
Sewer Available
Description
0.48 acre high exposure commercial property with excellent development potential. This property is currently vacant zoned DT4 - Terminal Avenue Zone. The property is well located in the growing downtown core of Nanaimo with frontage onto Terminal Avenue and only blocks away from the waterfront, Vancouver Island Conference Centre and float plane terminals. DT4 - This zone provides for predominately mixed office and retail area with three to six storey buildings intended to support the unique role as a gateway into the downtown core. 2.3 FAR base density with +0.2 additional density for Tier 1 and +0.25 additional density for Tier 2. Maximum height permitted is 19.8m. Contact listing agent for further details.
MLS® Number 944151