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Downtown Nanaimo
Return to: Downtown Nanaimo
352 Wesley St
Na Old City
Nanaimo
V9R 2T6
$1,950,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1040063
- Photos (9)
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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.
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 20,522 sq. ft.1,907 m2
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Available
- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Central Location, Cleared, Curb & Gutter, Easy Access, Shopping Nearby, Sloped
- Parking Features:
- On Site
- Total Parking Spaces:
- 60
- Road Surface Type:
- Paved
- Total Units:
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- Date Listed:
- Jun 12, 2026
- Original Price:
- 1950000.0
Larger map options:
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated June 28, 2026 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 29
- Avg list price:
- $799,000
- Min list price:
- $99,000
- Max list price:
- $6,000,000
- Avg days on market:
- 119
- Min days on market:
- 4
- Max days on market:
- 762
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JOE SQUIRE
- ONE PERCENT REALTY LTD. (DUNC)
- 250-802-5899
- Contact by Email
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.
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