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The subject is located in a growing residential neighbourhood, one block west from Victoria Drive and two blocks east of Commercial Street, within close walking distance of both the Commercial and Nanaimo Skytrain Stations. Currently improved with a two storey office/industrial building, however the recent redevelopment of the adjacent site indicates that a residential re-development with a Floor Space Ratio of 1.75 could potentially be achieved. The Vendor will provide a combination of opportunities from vacant possession, to a short-term lease-back, providing and exceptional investment opportunity for creative developers.
 1915 Stainsbury
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 Inside
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 Rear Loading
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 Adjacent Redevelopment
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| Zoning: | MC -1 (Floor Space Ratio of 1.75), with possibility for residential re-development. |
| Lot Size: | 8,700 sf (0.20 acres) |
| Legal Description: | Lot 8 Block A District Lot 195 Plan 10286 |
| PID: | 009-420-240 |
| Taxes: | $29,753 (2009) |
| Financing: | Treat as Clear Title |
| Property Type: | Land |
| Leaseable Area: | 13,000 sf |
AY Commercial Real Estate | Vancouver | Avison Young (Canada) Inc.
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