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.
For Sale
1044-1048 Old Victoria Road, Nanaimo,
Canada
± 106,285 SQFT
Development Land
$3,900,000
008-742-979, 004-963-067
Current: R-1 Single Family Residential / Future Approved Zoning: I3 High Tech Industrial (City of Nanaimo)
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
Personal Real Estate Corporation
Managing Director, Vancouver Island
Personal Real Estate Corporation
Commercial Sales & Leasing
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.
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