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$ 16,575,000
Est. payment | /mo
11.55 Acres Lot
$ 16,575,000
Est. payment | /mo
11.55 Acres Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Cedar
MLS® Listing ID 1040449
Lot Size 11.550 Acres
Acres 11.55
Property Sub-Type Freehold
Property Description
A truly rare and significant offering in Nanaimo's industrial market, this expansive 11.55 acre property spans three separate titles and presents a unique opportunity for investors, developers, and owner-users alike. Zoned Medium and Light Industrial (MI-1 & LI-1), the site is ideally suited for a wide range of industrial and commercial applications and offers exceptional flexibility for future development or phased use. The property is predominantly level and provides an efficient footprint for a variety of configurations including logistics hubs, warehousing, manufacturing, or service-based industrial operations. With its scale and multi-title configuration, the site offers potential for a strategic development, or long-term holding in a market where large industrial land assemblies are increasingly scarce. Strategically positioned in South Nanaimo's well-established industrial precinct near the end of Balsam Road, the property benefits from excellent connectivity to key transportation infrastructure. Quick access to the Island Highway ensures efficient north and southbound travel, while proximity to the Nanaimo Duke Point Ferry Terminal and the Downtown Nanaimo Port enhances regional and inter-island distribution capabilities. Surrounded by established industrial users and ongoing development, this location continues to see strong demand driven by Vancouver Island's growing economy and limited industrial land supply. This offering represents a compelling opportunity to secure a substantial land holding in a high-demand, well-connected industrial corridor with long-term upside. Contact us today for a comprehensive information package or to arrange a private tour of this exceptional offering. Plus GST. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Virtual Tour https://youtu.be/kgKHPR-Bfvc
Listed by REMAX Professionals (NA)
NEARBY SCHOOL & BUSINESS
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