Property Description
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.
Property Details
MLS #:
1017459
ID #:
30084272
Type:
Commercial Sale
Sub-Type:
Unimproved Land
Area:
Nanaimo
Sub-Area:
Na South Nanaimo
Status:
Active
Lot Size:
2.49 acres
Property Tax:
$52,072 (2025)
Days on Market:
92 days
Listing provided by JBW Commercial Inc.
Canadian Mortgage Calculator
Mortgage Amount:
$0
Payment Amount:
$0
Total Interest:
$0
Total Cost:
$0
After 5 Year Term:
Principal Paid:
$0
Interest Paid:
$0
Remaining Balance:
$0
CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
Annual Payment Breakdown
*Chart shows mortgage balance progression and cumulative payments over the selected term
*Calculations are estimates for informational purposes only. Please consult with a mortgage professional for accurate rates and terms.