1044-1048 Old Victoria Road

For Sale | Development Land | ± 106,285 SQFT | $3,900,000
Overview

William Wright Commercial is pleased to present a 2.44-acre I3 industrial development site with highway exposure in Nanaimo.

Rezoning and Development Permit Application Update

The property at 1044-1048 Old Victoria Road is presently in the process of consolidation and rezoning to I-3 zoning. First, second, and third readings have been successfully completed, garnering unanimous support from the council. Upon the finalization of consolidation, the fourth reading will follow suit, marking the conclusion of the rezoning process, expected within the next 30-60 days.

The subject property is situated on Old Victoria Road with frontage on Old Island Highway. Plans for a 31,000 square foot drive-up style Class B Self Storage facility have been meticulously completed, alongside all necessary reports and drawings required for the development permit application. This package is ready to be filed for and issued by the City of Nanaimo immediately upon the completion of the consolidation and rezoning of the two properties.

Vendor compiled documents include a Phase 1 environmental assessment, geotechnical report, and architectural plans, ensuring comprehensive preparation for the development process.

Proposed Zoning

I3 (High Tech Industrial) – This zone provides for clean, high-tech industrial uses and supporting commercial uses. Rezoning will be completed prior to transaction completion.

Permitted Uses

Commercial school, custom workshop, daycare, food and beverage processing, laboratory, light industry, manufacturing/contractor office, mini storage, pet day care, printing and publishing facility, production bakery, production studio, railway and railway station, refund container recycling depot, repair shop, recreational facility, research facility, restaurant, service industry, sign shop, social service resource centre, tools/equipment rental and sales, veterinary clinic, warehouse, wholesale.

Accessory uses permitted to the primary uses: daycare, dwelling unit, office, restaurant, retail.

Details
Status

For Sale

Address

1044-1048 Old Victoria Road, Nanaimo,
Canada

Size

± 106,285 SQFT

Type

Development Land

Price

$3,900,000

PID

008-742-979, 004-963-067

Zoning

Current: R-1 Single Family Residential / Future Approved Zoning: I3 High Tech Industrial (City of Nanaimo)

Legal Description

LOT D SECTION 1 NANAIMO DISTRICT PLAN 630 EXCEPT PARTS IN PLANS 3212 RW AND 956 RW LOT 1 SECTION 1 NANAIMO DISTRICT PLAN 12119 EXCEPT PART IN PLAN 3212 RW


Loading map...
Connor Braid
Connor Braid

Personal Real Estate Corporation

Managing Director, Vancouver Island

Patrick Wood
Patrick Wood

Personal Real Estate Corporation

Commercial Sales & Leasing

Similar Listings

Find commercial properties for sale and for lease in BC

This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.