FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$16,575,000

Lots 1,2,3 Balsam Road, Nanaimo V9X1T5

Detached
Listed by: REMAX Professionals (NA).
Data provided by CREA's Data Distribution Facility.
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Description

A truly rare and significant offering in Nanaimo’s industrial market, this expansive 11.55 acre property spans three separate titles and presents a unique opportunity for investors, developers, and owner-users alike. Zoned Medium and Light Industrial (MI-1 & LI-1), the site is ideally suited for a wide range of industrial and commercial applications and offers exceptional flexibility for future development or phased use. The property is predominantly level and provides an efficient footprint for a variety of configurations including logistics hubs, warehousing, manufacturing, or service-based industrial operations. With its scale and multi-title configuration, the site offers potential for a strategic development, or long-term holding in a market where large industrial land assemblies are increasingly scarce. Strategically positioned in South Nanaimo’s well-established industrial precinct near the end of Balsam Road, the property benefits from excellent connectivity to key transportation infrastructure. Quick access to the Island Highway ensures efficient north and southbound travel, while proximity to the Nanaimo Duke Point Ferry Terminal and the Downtown Nanaimo Port enhances regional and inter-island distribution capabilities. Surrounded by established industrial users and ongoing development, this location continues to see strong demand driven by Vancouver Island’s growing economy and limited industrial land supply. This offering represents a compelling opportunity to secure a substantial land holding in a high-demand, well-connected industrial corridor with long-term upside. Contact us today for a comprehensive information package or to arrange a private tour of this exceptional offering. Plus GST. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Annual Taxes: $66,947
Lot Size: 11.55

Property Details

Property Type Detached
Sub Type Industrial
Lot Size 12 sq ft
Listing ID 1040449

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