Property Description
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.
Full Address
1980 Schoolhouse Rd, Nanaimo BC V9X 1T4
Annual Tax Amount
$31,922.65
Lot Features
Acreage, Central Location, Easy Access, Irregular Lot, Landscaped, Level, Rectangular Lot, Serviced, See Remarks
Exterior Features
Fencing: Full, Lighting, Low Maintenance Yard, Security System
Water Source
Well: Drilled
Directions
South of Nanaimo core. East side of Trans Canada Highway between Harold Road and Fielding Road.
Listing by Sotheby's International Realty Canada
Listing information last updated: Fri Mar 25 2022 09:24:05 GMT+0000 (Coordinated Universal Time)