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A mid-rise building development site in Nanaimo civic centre, featuring 46,930 square feet of land. The site is currently improved with a 5-level parkade and metered parking lot, both professionally managed. The revenue from the short and long term parking fees, offers an attractive 3%+ return during the holding period. Ideal for a Class-A office building or a mixed-use Office/Condominium building. This corner lot offers high visual exposure, easy access to ground, sea and air transportations.