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1980 Schoolhouse Rd

MLS® 879333

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

MLS® Number

879333

Listing Price

$15,500,000

Property Type

Warehouse

Year Built

Living Area

0 SqFt

Bedrooms

Total Bathrooms

Tax Year

2021

Annual Tax Amount

$31,922.65

Interior Features

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

Total Fireplaces

Water Source

Well: Drilled

Gas

Heating

Radiant Floor

Cooling

Sewer

Style of Home

Layout

Basement

Subdivision

Elementary School

Middle School

High School

Directions

South of Nanaimo core. East side of Trans Canada Highway between Harold Road and Fielding Road.

Property Location

Listing by Sotheby's International Realty Canada

Listing information last updated: Fri Mar 25 2022 09:24:05 GMT+0000 (Coordinated Universal Time)

Let's Talk

Jenny Bruce Personal Real Estate Corporation

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