This is a very rare opportunity to own two lots providing 100 feet of frontage on the active Stewart Avenue corridor with 8,700 sq. ft. processing and warehouse building, water lease and foreshore license; all with water access and located in the heart of Nanaimo. The land and buildings front Stewart Avenue, the major arteial linking BC Ferries "Departure Bay" terminal to downtown Nanaimo and the Island Highway. The water lease is on commercially developed Newcastle Channel with spectacular views of Newcastle Island Provincial Park. The future plan for this busy waterfront area is for increased marine facilities, moorage, marinas, water-bassed transportation, recreation and tourism. Adjacent properties include marine operators, new residential water-view developments, restaurants, Sealand Village and newly expanded BC Ferries terminal.