Property Photo
16 Photos | Full View
Days On Market: 190
Click to view gallery
N/A N/A N/A sqft
Contact
Home > Properties > Property Details

Commercial Sale

$799,000
311 Wallace St, Nanaimo, BC

Address

311 Wallace St, Nanaimo, BC

Price

$799,000

Property Description

PRIME multi-family, commercial, mixed use development site in the heart of downtown Nanaimo's Wesley Quarter. Elevated ocean, city and distant coastal mountain view site offered in a prominent, desirable location at the corner of Wallace and Fitzwilliam Street. Zoned DT2, multiple commercial and residential uses are permitted with 100% site coverage, 4m height, zero parking requirement and 2.3 FSR. Higher FSR may be considered subject to city approval. This unique property offers high visibility on the main corridor connecting downtown Nanaimo, the water front, seawall, seaplane terminal, Inland Island Highway, VIU, Ice Centre and Aquatic Centre. The site neighbours Wesley Quarter with destination restaurants, shops and professional offices. Directly across the road is Bastion Bridge meandering to the city centre shopping, dining, hotel and entertainment hub.

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

(250) 751-1223
scott@scottparker.ca
Call Now Send Email

Property Details

MLS® Number: 1017831
Property Type: Commercial Sale
Property Subtype: Unimproved Land
Status: Active
Lot Size: 0.38 acres
Area: Nanaimo - Na Old City
Annual Tax: $27,647 (2025)
Days on Market: 190 days

MLS® Number

1017831

Property Photos

Property Location

311 Wallace St, Nanaimo, BC

Listed by Macdonald Commercial Real Estate Services Ltd.

Recent Sales in Nanaimo

Loading market statistics...

Latest Market Updates

Loading latest posts...
View All Market Updates