352 Wesley St, Nanaimo, BC V9R 2T6
352 Wesley St, Nanaimo, BC V9R 2T6
352 Wesley St, Nanaimo, BC V9R 2T6
352 Wesley St, Nanaimo, BC V9R 2T6
352 Wesley St, Nanaimo, BC V9R 2T6
352 Wesley St, Nanaimo, BC V9R 2T6
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Layne Britton PREC*

Layne Britton PREC*

+1(250) 588-6011
Listing by Lee Robinson Royal LePage Nanaimo Realty (NanIsHwyN)
$ 1,950,000
Est. payment | /mo

0.44 Acres Lot

Save
$ 1,950,000
Est. payment | /mo
Save

0.44 Acres Lot

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1040063

HOA Y/N No

Annual Tax Amount $36,225

Tax Year 2025

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Unimproved Land

Property Description

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.

Location

Province BC

County Nanaimo, City Of

Community Na Old City

Area Nanaimo

Zoning DT2

Interior

Fireplace No

Exterior

Parking Features On Site

Garage Spaces 60.0

View Y/N false

Street Surface Paved

Total Parking Spaces 60

Garage No

Building

Lot Description Central Location, Cleared, Curb & Gutter, Easy Access, Shopping Nearby, Sloped

Sewer Sewer Available

Water Municipal

Others

Ownership Freehold

Nearby Locations

Layne Britton PREC*

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 588-6011

layne@expertrealestategroup.ca

301-1321 Blanshard Street Victoria, British Columbia V8W 0B6

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352 Wesley St