Brechin Hill neighbourhood of Nanaimo British Columbia Canada V9S 4E6
1840 STEWART NANAIMO
MLS Number: 929540
Square Footage: 8831 Sq Ft
Property Type: Single Family
The iconic Sealand Market property. The redevelopment of this iconic waterfront site is close to complete. Located adjacent to the BC Ferry Departure Bay Terminal, immediately beside a Sea Plane Terminal and on a transition node of the Trans Canada Highway. This property truly is at hub of transportation. The surrounding area is under development featuring restaurants, pubs, parks and a pedestrian seawall. With the current zoning, permitted uses as per City of Nanaimo Bylaw, include but are not limited to; active marine uses, such as shipyards, fishing fleet support, float homes, moorage and water based transportation, Marine retail, retail, assembly, tourism, and recreational activities plus many more. 3 units left for lease, Units 101 (4476 sf), Unit 103 (1,474 sf) and Unit 106 (2,881 sf). Lease rates are: Year 1-$20.00 sf, Year 2- $20.50 sf, Year 3- $21.00 sf, Year 4- 21.50 sf, Year 5- $22.00 sf. Unit to be delivered as shell space with tenants to do their own interior improvements.