40 & 46 Esplanade Ave & 904 Crace St

Nanaimo, BC

Owner-Occupier Opportunity with Development Upside

CBRE Limited is pleased to present for sale a 100% freehold interest in 40/46 Esplanade Ave & 904 Crace St in Nanaimo, BC (the “Property” or “Offering”). The fully fenced Property consists of 33,148 SF of land across 6 lots with a number of improvements including a 3,823 SF office building, workshop, covered storage & covered parking. The Offering provides excellent proximity to Downtown Nanaimo, the Nanaimo Port, and Hwy 1 North-Southbound. Accommodating DT4 zoning and vacant possession allow for an optimal owner-occupier opportunity. Current 2.75:1 FSR zoning density (91,578 buildable SF) provides for future development potential with unimpeded ocean views and outstanding proximity to amenities.

3,823 SF Building | 33,148 SF of Land

Industrial & Land

$2,850,000

Listing Agent: Chris Rust

Contact Info: chris.rust@cbre.com | 250 386 0005