Office Listings

352 Wesley St
Na Old City Nanaimo V9R 2T6

$1,950,000
Commercial Sale

Main Photo: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Photo 1: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Photo 2: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Photo 3: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Photo 4: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Photo 5: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Photo 6: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Photo 7: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Photo 8: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Photo 9: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1040063
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
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
20,522 sq. ft.
Water supply:
Municipal
Sewer:
Sewer Available
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Zoning:
DT2
Occupancy:
Vacant
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
Date Listed:
Jun 12, 2026
Original Price:
1950000.0
  • Photo 1: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
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  • Photo 2: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
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  • Photo 5: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
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  • Photo 9: 352 Wesley St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 1040063
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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated June 16, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$799,000
Min list price:
$99,000
Max list price:
$6,000,000
Avg days on market:
137
Min days on market:
4
Max days on market:
750
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.
ROSANNA DUFFY
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.