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Featured exterior photo of 352 Wesley St, Nanaimo, BC
Scott Parker Personal Real Estate Corporation logo Scott Parker · Personal Real Estate Corporation
MLS® 1040063
Just Listed

352 Wesley St

Nanaimo, BC · V9R 2T6
$1,950,000
0.44 ac 8 Days on Market
About this home

Nanaimo Living, Reimagined.

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 Street and 341 Robson Street present a rare downtown development opportunity in the heart of Nanaimo's vibrant Old City Quarter.
The Details

Property Highlights

Lot Size 0.44 acres
Parking 60
Location

On the Map

352 Wesley St, Nanaimo, BC Open in Google Maps
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Scott Parker

Personal Real Estate Corporation
REMAX Professionals
Nanaimo, British Columbia
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352 Wesley St — enlarged listing photo