For Sale
| 108,464 SQFT
Self Storage, Development Land
Price:
$3,750,000
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.
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Nanaimo is the second largest urban centre on Vancouver Island, strategically located midway along the Island Highway (Highway 19). The city serves as a critical service, transportation, and logistics hub, with direct ferry connections to Vancouver via both Departure Bay and Duke Point terminals, as well as air service from Nanaimo Airport (YCD) and seaplane terminals linking downtown Nanaimo to Vancouver and Richmond. Its central position allows businesses to efficiently serve the entire Island, from Victoria to Campbell River.
Price:
$3,750,000
