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7.17 acre mixed use development site in south Nanaimo. The property is located only 150 meters away from south Nanaimo’s main retail enclave including Country Grocery, Tim Hortons, and RONA. The subject property is comprised of three separate land parcels (1331, 1337 and 1401 Wexford Road) and features a single family dwelling on 1331 Wexford Road. The site is currently zoned R-1: Single Dwelling Residential and requires rezoning in order to achieve the highest and best use. According to the City of Nanaimo's official community plan, the site is designated predominantly "Corridor" with a small portion at the northeastern corner designated as "Commercial Centre." Under the Corridor designation, residential densities of 50 to 150 units per hectare in two to six storey building forms shall be supported.
Colliers International is Canada’s largest commercial real estate services company, providing a full range of services to real estate occupiers, developers and investors. Services include brokerage, real estate management, valuation, consulting, project management, project marketing and research. Through a culture of service excellence and a shared sense of initiative, Colliers Canada and our more than 1,400 professionals integrate the resources of real estate specialists across Canada to accelerate the success of our clients. In 2013 alone, Colliers Canada concluded more than 4,600 sale and lease transactions on behalf of investors and occupiers totaling some $7.8 billion across Canada. Colliers also completed more than 1,400 property valuations in 2013 and currently manages 46.4 million square feet of space.