352 Wesley St, NANAIMO

2026-06-13
 

Quick Summary

Location
352 Wesley St, NANAIMO, British Columbia V9R2T6
Price
$1,950,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Garages:
60

MLS®#1040063

Property 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. (id:32467)

Property Features

Building

  • Fireplace: No

Features

  • Feature: Central location, Curb & gutter, Sloping, Partially cleared, Other

Land

  • Land Size: 20522 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: DT2

Information entered by Royal LePage Nanaimo Realty (NanIsHwyN)
Listing information last updated on: 2026-06-15 19:22:49


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Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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