A rare opportunity to acquire a high-exposure 20,850 SF property in north Nanaimo, offering significant redevelopment potential. The property features approximately 140 feet of frontage along Metral Drive, a major arterial road with high traffic volumes and excellent visibility, with 18,832vehicles passing by each day. It is ideally located adjacent to both the Real Canadian Superstore and Metral Station, and within walking distance to a wide range of amenities, services, and businesses along Metral Drive, the Island Highway North, and Aulds Road/Hammond Bay Road. The current owner has prepared conceptual plans for a four-story, 16,130 SF building featuring commercial office space on the first and second floors, residential units on the third and fourth floors, and a total of 31 parking stalls. This is a prime development opportunity in one of Nanaimo’s fastest-growing corridors, with excellent visibility, strong surrounding anchors, and walkable access to major amenities
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