Listing Details for 1980 Schoolhouse Rd, Nanaimo - MLS® #879333

Industrial Warehouse For Sale 15,500,000

Industrial Warehouse For Sale at $15,500,000

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Basic Details

Listing ID
23361777
MLS® Number
879333
Street Address
1980 Schoolhouse Rd
Street Number
1980
Street Name
Schoolhouse
City
Nanaimo
Postal Code
V9X1T4
Property Type
Industrial
Price
15,500,000
Ownership Type
Freehold
Zoning Description
BL 500, CD33, Z
Municipal Id
027-231-232
Neighbourhood
Cedar
Features
Acreage, Central location, Level lot, Irregular lot size, See remarks, Other, Rectangular
Zoning Type
Unknown
More Details...

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. (id:8145)

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Full Details

Land

Size
12.9 ac
Acreage
Yes
Irregular
12.9

Building

Size (Interior)
30624 sqft
Building Type
Warehouse
Fire Protection
Fire alarm system, Sprinkler System-Fire
Heating Fuel
Other
Top

Business

Business Business Type
Industrial, Other
Business Business Sub Type
Other
Business Name
VANCOUVER ISLAND SELF STORAGE INC., INC.NO. BC1155639

Listed by Sotheby's International Realty Canada

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.

Listing information last updated on Thu, 30 Dec 2021 18:43:47 GMT.