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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1004524
- Photos (39)
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FOR SALE! 4-acre Heavy Industrial opportunity zoned HI-1J with excellent Highway exposure with 2 road frontages. Strategically located in an industrial area of South Nanaimo, sits two properties - 2040 Schoolhouse Rd & 2035 Balsam Rd which are being sold together and consist of a total of 4.01 acres. Fronting Schoolhouse Rd features the main building which is a metal frame warehouse built in 2005 offering approx. 7,300 Sq. Ft. The building includes a front reception area, spacious office, staff area w/kitchenette, 2 washrooms, mezzanine area and is equipped with 400 amp electrical service, high ceilings and large bay door. There is an additional shop that fronts onto Balsam Rd which is approx. 1,500 Sq.Ft. This property is vacant and ready for immediate occupancy. The official community plan Land Use Designation is Light Industrial and Commercial making this a great development property. Plus GST. Information package available. Measurements approximate & data should be verified.
- Property Type:
- Commercial Sale
- Type:
- Industrial
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Na Cedar, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 4.01 acre(s)1.62 hectare(s)
- Taxes:
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- Construction:
- Aluminum Siding, Frame Metal
- Foundation:
- Slab
- Ceiling Heights:
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- Total Building Area:
- 7,252 sq. ft.674 m2
- Commercial Area:
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- Water supply:
- Well: Drilled
- Sewer:
- Septic System
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Acreage, Level, Rural Setting
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jun 24, 2025
- Original Price:
- 5980000.0
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Listed by REMAX Professionals and eXp Realty (NA)
Data was last updated July 4, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 102
- Avg list price:
- $1,050,000
- Min list price:
- $19,900
- Max list price:
- $24,517,000
- Avg days on market:
- 73
- Min days on market:
- 1
- Max days on market:
- 436
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations.
- Sandra Madson Personal Real Estate Corporation
- RE/MAX Professionals
- (250) 618-6212
- sandra@LMAHomes.ca
- Ryan Madson
- RE/MAX Professionals
- (250) 739-9099
- ryan@LMAHomes.ca
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
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