Opportunity to acquire a fully approved development site for a high exposure, self storage facility in Nanaimo, BC.
The subject property has successfully undergone consolidation and rezoning to I-3 zoning. As of September 2025, the City of Nanaimo has formally approved the development permit for a drive-up, Class B self storage facility, featuring 31,775 rentable square feet over three buildings plus an office/caretaker suite building.
Strategically situated just south of Downtown Nanaimo, with prominent frontage along the Trans Canada Highway, the site enjoys excellent visibility and convenient regional access. Extensive planning and due diligence have already been completed for this project. The vendor has finalized architectural plans and assembled all necessary supporting reports, streamlining the development process for prospective purchasers.
Address
1044 Old Victoria Rd
List Price
$3,950,000
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na South Nanaimo
Lot Size
108464 Sq. Ft.
Lot Size (Acres)
2.49 Ac.
MLS® Number
1017459
Listing Brokerage
JBW Commercial Inc.
Postal Code
V9R 6R4
Tax Amount
$52,072.00
Tax Year
2025