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Listed price in listed location currency (CAD).
$1,950,000

0060

MLS® 1040063

Overview

Key Facts

Type Unimproved Land
Levels Commercial Sale
Size -
Garage 
Taxes $36,225
Days Active 3
Lot Size 0.44 Acres
Approx. Age 
MLS® Number 1040063

Property Address: 352 Wesley St, Nanaimo, BC, V9R2T6

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1040063
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,950,000

For Sale · 3 days

$1,950,000

MLS® 1040063

3 days ago

Not Sold Yet

June 2026, For Sale for $1,950,000

For Sale · 3 days

$1,950,000

MLS® 1040063

3 days ago

Not Sold Yet

August 2025, Expired for $1,350,000

Expired · 150 days

$1,350,000

MLS® 993603

10 months ago

Canceled on Aug 31, 2025

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