SOUTH NANAIMO

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1044 Old Victoria Rd
Na South Nanaimo Nanaimo V9R 6R4

$3,950,000
Commercial Sale

Main Photo: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
Photo 1: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
Photo 2: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
Photo 3: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
Photo 4: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1017459
Opportunity to acquire a fully approved development site for a high exposure, self storage facility in Nanaimo, BC. The subject property has successfully undergone consolidation and rezoning to I-3 zoning. As of September 2025, the City of Nanaimo has formally approved the development permit for a drive-up, Class B self storage facility, featuring 31,775 rentable square feet over three buildings plus an office/caretaker suite building. Strategically situated just south of Downtown Nanaimo, with prominent frontage along the Trans Canada Highway, the site enjoys excellent visibility and convenient regional access. Extensive planning and due diligence have already been completed for this project. The vendor has finalized architectural plans and assembled all necessary supporting reports, streamlining the development process for prospective purchasers.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na South Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2.49 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
I3 - High Tech Industrial
Units in Building:
Units in Community:
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Oct 14, 2025
Original Price:
3950000.0
  • Photo 1: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
    Photo 1 of 4
  • Photo 2: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
    Photo 2 of 4
  • Photo 3: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
    Photo 3 of 4
  • Photo 4: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
    Photo 4 of 4
Listed by JBW Commercial Inc.
Data was last updated October 15, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$929,950
Min list price:
$92,000
Max list price:
$7,250,000
Avg days on market:
90
Min days on market:
1
Max days on market:
176
These statistics are generated based on the current listing's property type and located in Na South Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.