Address
Lots 1,2,3 Balsam Rd, Nanaimo, BC
Price
$ 16,575,000
Property Attributes
  • MLS#1040449
  • TypeCommercial
  • Listing Status Active
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Cedar
  • Postal CodeV9X 1T5
  • StyleIndustrial
  • Taxes$ 66947
  • Price$ 16,575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11.55 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

Rare opportunity to acquire an 11.55 acre industrial land assembly spanning three titles in South Nanaimo. Zoned Medium & Light Industrial (MI-1 & LI-1), this predominantly level property offers strong flexibility for a wide range of industrial uses including logistics, warehousing, manufacturing, and service-based operations, with excellent potential for future development or long-term holding. Strategically located near the end of Balsam Road, the site provides quick access to the Island Highway and is in close proximity to the Nanaimo Duke Point Ferry Terminal and downtown port, supporting efficient regional and inter-island distribution. Situated within a well-established industrial area experiencing strong demand and limited supply, this is a compelling opportunity to secure a large, well-connected industrial land holding. Contact for more information or to arrange a viewing. Plus GST.

General Features

Sewer Septic Needed
Zoning LI-1 & MI-1
Property Subtype Industrial
Property Type Commercial Sale
Commercial Area Other
Commercial Listing Type Land

Interior Features

Total Units 3

Exterior Features

Lot Features Acreage,Cleared,Corner,Easy Access,Level,Near Golf Course,Rural Setting,Sloping
Water Source Well: Drilled
Lot Size Square Feet 503118.00
Lot Size Acres 11.55
Parking Onsite YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • 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 1T5

Price
AVG $5.06M
$16.58M
Taxes
AVG $32,289
$66,947
Visits
AVG 4
174
Data Provided by Inside Real Estate®

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