Waterfront Real Estate Bc
1980 Schoolhouse Rd
Na Cedar
Nanaimo
V9X 1T4
$14,750,000 /mth
Commercial Sale
- Status:
- Sold
- Sold Date:
- May 11, 2022
- Sold Price:
- $14,750,000 /mth
- Sold in:
- 323 days
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 879333
Situated south of Nanaimo on the Trans Canada Highway, Vancouver Island Self-Storage is an excellent cashflow opportunity with initial building phase 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 clientele will also be able to take advantage of indoor and outdoor options. Current capacity is 186 indoor units with 24hr smart phone access, heating/security and high ceilings. Outdoor rental space layout and quantity is variable to maximize profit and match seasonal demand. This is an investment that allows one to profit on autopilot.
- Property Type:
- Commercial Sale
- Type:
- Warehouse
- Commercial Type:
- Building, Land
- Lease Type:
- Sale of Assets, Sale of Contract, Sale Of Shares, Sale Price
- Listing General Location:
- Na Cedar, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 12.9 acre(s)5.22 hectare(s)
- Taxes:
- $31,922.65 / 2021
- Building Features:
- Fire Alarm, Fire Sprinklers, High Traffic Area, Loading Bay(s), Parking, Security System, Storage Room
- Electricity:
- Yes
- Number of Storeys:
- 1
- Total Building Area:
- 30,624 sq. ft.2,845.063 m2
- Total Potential Area:
- 22,300 sq. ft.2,071.738 m2
- Leasable Area:
- 15,962 sq. ft.1,482.918 m2
- Commercial Area:
- Other
- Water supply:
- Well: Drilled
- Heating:
- Radiant Floor
- Fireplace:
- No
- Pending Date:
- May 02, 2022
- Date Sold:
- May 11, 2022
- Electric, Fixtures, Parking, Real Estate, Supplies
- Fencing: Full, Lighting, Low Maintenance Yard, Security System
- South of Nanaimo core. East side of Trans Canada Highway between Harold Road and Fielding Road.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 2609300.0
- Assessment year:
- 2021
- Jurisdiction name:
- Nanaimo Rural (768)
- Legal Description:
- Lot A, Plan VIP83828, Section 13, Range 7, Cranberry Land District
- Zoning:
- BL 500, CD33, Z
- Legal Non-Conformance:
- No
- Units in Community:
- 3
- Other Equipment:
- Security System
- Occupancy:
- Tenant
- Utilities:
- Electricity Connected
- Lot Site Features:
- Acreage, Central Location, Easy Access, Irregular Lot, Landscaped, Level, Rectangular Lot, Serviced, See Remarks
- Parking Features:
- On Site
- Road Frontage Type:
- Highway, Street
- Road Surface Type:
- Paved
- Business Name:
- VANCOUVER ISLAND SELF STORAGE INC., INC.NO. BC1155639
- Business Type:
- Industrial, Other
- Total Units:
- 186
- Date Listed:
- Jun 22, 2021
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Listed by Sotheby's International Realty Canada and Sotheby's International Realty Canada (Vic2), sold on May, 2022
Data was last updated April 18, 2024 at 10:05 AM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.