Property Information:
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.
