2.44 ACLand$3,900,000Sale
2.44 AC
Land
$3,900,000
Sale
Connor Braid
William Wright
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The property at 1044-1048 Old Victoria Road is presently in the process of consolidation and rezoning to I-3 zoning. First, second, and third readings have been successfully completed, garnering unanimous support from the council. Upon the finalization of consolidation, the fourth reading will follow suit, marking the conclusion of the rezoning process, expected within the next 30-60 days.
The Property
Asking Price$3,900,000
Available Space2.44 AC
Property UseIndustrial / Storage
SourceDirect
The Lot
The subject property is situated on Old Victoria Road with frontage on Old Island Highway. Plans for a 31,000 square foot drive-up style Class B Self Storage facility have been meticulously completed, alongside all necessary reports and drawings required for the development permit application. This package is ready to be filed for and issued by the City of Nanaimo immediately upon the completion of the consolidation and rezoning of the two properties. Vendor compiled documents include a clean Phase 1 environmental assessment, geotechnical report, and architectural plans, ensuring comprehensive preparation for the development process.
Property TypeLand
Lot Size2.44 AC
Up to $500K for British Columbia businesses
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