Excellent Cashflow Opportunity

1980 Schoolhouse Road, Nanaimo, BC

  • $15,500,000
  • 0 BEDS
  • 0 BATHS
  • 12.90 acres Land
  • 1980 Schoolhouse Road, Nanaimo, BC
  • 0 BEDS
  • 0 BATHS
  • 12.90 acres Land
  • $15,500,000

Key Facts

  • MLS® #: 879333
  • Property ID: SIRC728458
  • Property Type: Commercial, Other
  • Lot Size: 12.90 acres
  • Other Taxes 2020: $19,465

Property Description

Situated south of Nanaimo on the Trans Canada Highway, Vancouver Island Self-Storage is an excellent cashflow opportunity with 2 of 4 building phases 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 businesses will also be able to take advantage of indoor and outdoor options as well as car enthusiasts, Current capacity is 86 indoor access units and 100 outdoor access units all with 24 hour smart phone access, heating/security and tall ceiling heights for additional value for tenants. This is an investment that allows one to profit on autopilot.

Amenities

  • Parking

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Marketed By

Sotheby’s International Realty Canada
752 Douglas Street
Victoria, British Columbia, V8W 3M6

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