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.
Address
2040 Schoolhouse Rd
List Price
$5,980,000
Property Type
Commercial Sale
Type of Dwelling
Industrial
Transaction Type
sale
Area
Nanaimo
Sub-Area
Na Cedar
Lot Size
174675.6 Sq. Ft.
Lot Size (Acres)
4.01 Ac.
MLS® Number
1004524
Listing Brokerage
REMAX Professionals
| eXp Realty (NA)
Postal Code
V9X 1T4
Tax Amount
$50,559.00
Tax Year
2025
Features
Baseboard, Electric
Amenities
Acreage, Level, Rural Setting