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1840 Stewart Ave
Na Brechin Hill Nanaimo V9S 4E6

$20 /sqft
Commercial Lease

Main Photo: 1840 Stewart Ave in Nanaimo: Na Brechin Hill Retail for lease : MLS®# 929540
Photo 1: 1840 Stewart Ave in Nanaimo: Na Brechin Hill Retail for lease : MLS®# 929540
Photo 2: 1840 Stewart Ave in Nanaimo: Na Brechin Hill Retail for lease : MLS®# 929540
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Photo 12: 1840 Stewart Ave in Nanaimo: Na Brechin Hill Retail for lease : MLS®# 929540
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Photo 15: 1840 Stewart Ave in Nanaimo: Na Brechin Hill Retail for lease : MLS®# 929540
Photo 16: 1840 Stewart Ave in Nanaimo: Na Brechin Hill Retail for lease : MLS®# 929540
Photo 17: 1840 Stewart Ave in Nanaimo: Na Brechin Hill Retail for lease : MLS®# 929540
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
929540
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.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Lease Type:
Absolute Net
Lease Term:
5 Year With Option
Listing General Location:
Na Brechin Hill, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3.41 acre(s)
Building Features:
Fire Sprinklers, High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Construction:
Aluminum Siding, Frame Wood, Glass, Wood
New Construction:
Yes
Foundation:
Concrete Perimeter, Slab
Electricity:
Yes
Number of Storeys:
2
Total Building Area:
8,831 sq. ft.
Subdivisable Area:
No
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Electric
Fireplace:
No
Sign: Allowed, Sprinkler System, Wheelchair Access
Ocean
Ocean Front
Units 101, 103 & 106
Main Level
Jurisdiction name:
City of Nanaimo
Zoning:
W2
Occupancy:
Vacant
Property Condition:
Under Construction, Updated/Remodeled
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected
Lot Site Features:
Acreage, Central Location, Easy Access, Level, Marina Nearby, Serviced, Shopping Nearby, Sidewalk, Walk on Waterfront
Parking Features:
On Site
Road Frontage Type:
Marine
Road Surface Type:
Paved
Date Listed:
Apr 21, 2023
Original Price:
20.0
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Listed by Brian McCullough and Jason Simard of eXp Realty
Data was last updated September 24, 2023 at 04:05 AM (UTC)
Blaine Thurlow
Michelle Thurlow
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.