1980 Schoolhouse Rd Nanaimo, BC
$ 15,500,000
Property Attributes
  • MLS#879333
  • TypeCommercial
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Cedar
  • Postal CodeV9X 1T4
  • StyleWarehouse
  • Taxes$ 31922
  • Price$ 15,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage30624
  • Lot Size12.9 Acres
Listing Provided Courtesy Of:
Sotheby's International Realty Canada
Data Source:
Victoria Real Estate Board (VREB)
Property Description

Situated south of Nanaimo on the Trans Canada Highway, Vancouver Island Self-Storage is an excellent cashflow opportunity with initial building phase complete, currently generating revenue with huge additional potential. Only half of the usable land has been developed, leaving several acres for future expansion or for commercial or industrial tenants (prospects already in line). The self-storage facility is designed to maximize profits and reduce costs, with a full fire suppression system, and no unnecessary indoor hallways, maximizing space with a unit mix that caters to home movers and families that live in condos. Both small and large clientele will also be able to take advantage of indoor and outdoor options. Current capacity is 186 indoor units with 24hr smart phone access, heating/security and high ceilings. Outdoor rental space layout and quantity is variable to maximize profit and match seasonal demand. This is an investment that allows one to profit on autopilot.

General Features

Business Type Industrial, Other
Commercial Area Other
Commercial Listing Type Building, Land
Heating Radiant Floor
Property SubType Warehouse
Property Type Commercial Sale
Zoning BL 500, CD33, Z

Interior Features

Number Of Units In Community 3
Total Units 186

Exterior Features

Building Area Total 30624.00
Building Features Fire Alarm, Fire Sprinklers, High Traffic Area, Loading Bay(s), Parking, Security System, Storage Room
Exterior Features Fencing: Full, Lighting, Low Maintenance Yard, Security System
Lot Description Acreage, Central Location, Easy Access, Irregular Lot, Landscaped, Level, Rectangular Lot, Serviced, See Remarks
Lot Size Acres 12.90
Lot Size Square Feet 561924.00
Parking Onsite Yn Yes
Water Source Well: Drilled


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9X 1T4

AVG $15.5M
AVG $31,922
AVG 91

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