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. 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.More details
Listed by REMAX Professionals (NA) and eXp Realty (NA)
A rare commercial offering, this 3.9-acre parcel presents exceptional potential in one of the Cowichan Valley’s most sought-after commercial corridors. Positioned just 1 km south of the City of Duncan and has high-exposure frontage along the Trans-Canada Highway, the property benefits from consistent vehicle traffic and visibility. Zoned C-6 (Village Service Commercial 6), this site supports a wide variety of commercial and light industrial uses—including food processing, motor vehicle sales and servicing, retail trade, wholesale distribution, and warehousing and much more—making it highly adaptable for both investors and end-users. With approximately 688 feet of highway frontage and a depth of 246 feet, the layout lends itself to multiple development formats. The land is mostly cleared, flat, and development-ready, with full municipal services already in place, reducing upfront costs and fast tracking development timelines.(Measurements and data approximate; verify if important.)More details
Listed by eXp Realty (NA) and REMAX Professionals (NA)
ACT FAST – PRICED UNDER ASSESSED VALUE with approx 5.9% CAP RATE! This fully leased, mixed-use property near Downtown Victoria delivers immediate income and long-term upside. Located at the high-traffic intersection of Quadra and Tolmie, the building features a 2,590 sq ft ground-floor commercial space leased to Arctic Spas, showcasing a dynamic showroom. The upper floors include one 1-bedroom and two 2-bedroom residential units, plus a top-floor 2-bedroom + den penthouse with a rooftop patio and city views. Major upgrades were completed in 2019, with additional updates to residential units recently. Offered below assessed value, this is a rare opportunity to secure a high-exposure, fully tenanted asset in a sought-after market. Updated appraisal and full financials available for qualified buyers upon signing a confidentiality agreement. Opportunities like this are rare—contact the listing agent today! Please respect tenant privacy—do not disturb.More details
This exceptional 1.6-acre (6,475 m² / 69,696 sq ft) development opportunity is located on a quiet road in Nanaimo’s desirable Uplands neighbourhood, a community known for its natural beauty & predominantly single-family homes. Zoned R1 (Single Dwelling Residential), the property supports low-density residential development with minimum lot sizes of 500 m² (5,382 sq ft) for standard single-family lots or 450 m² (4,844 sq ft) for lane-access parcels. Under the OCP, the property is designated “Suburban Neighbourhood” an area oriented toward low-rise residential development with a target density of 25 units per hectare. Typical supported building forms include single-family homes, duplexes, triplexes, fourplexes & townhomes. The property offers approx. 37 m (121 ft) of frontage and an average depth of 135 m (444 ft), providing excellent flexibility for subdivision or multi-unit planning. Existing on the property is a 3-bedroom, 1-bath home. Land Assembly totaling 4.9 acres available.More details
Listed by REMAX Professionals (NA) and eXp Realty (NA)
Rare opportunity – 1.6-acre (6,475 m² / 69,696 sq ft) development site on a quiet road in Nanaimo’s sought-after Uplands neighbourhood. Zoned R1 (Single Dwelling Residential), allowing minimum lot sizes of 500 m² (5,382 sq ft) or 450 m² (4,844 sq ft) with lane access. Designated “Suburban Neighbourhood” under the OCP, supporting low-rise housing at up to 25 units/ha, including single-family homes, duplexes, triplexes, fourplexes and townhomes. The property offers approx. 37 m (121 ft) frontage and 135 m (444 ft) average depth, ideal for subdivision or multi-unit planning. Existing 2,900 sq ft updated home with 4 bedrooms, 4 bathrooms, in-law suite, 338 sq ft workshop. Excellent holding property. Land assembly potential totaling 4.9 acres.More details
Listed by REMAX Professionals (NA) and eXp Realty (NA)
Excellent 1.7-acre (6879 m² / 74052 sq ft) development opportunity is located on a quiet road in Nanaimo’s desirable Uplands neighbourhood, a community known for its natural beauty & predominantly single-family homes. Zoned R1 (Single Dwelling Residential), the property supports low-density residential development with minimum lot sizes of 500 m² (5,382 sq ft) for standard single-family lots or 450 m² (4,844 sq ft) for lane-access parcels. Under the OCP, the property is designated “Suburban Neighbourhood,” an area oriented toward low-rise residential development with a target density of 25 units per hectare. Typical supported building forms include single-family homes, duplexes, triplexes, fourplexes & townhomes. The property offers approx. 35.01 m (115 ft) of frontage and an average depth of 127.45 m (4,418 ft), providing flexibility for subdivision or multi-unit planning. Great holding property with an existing decent sized 4-bedroom 2-bath home. Land Assembly of 4.9 acres available.More details
Listed by REMAX Professionals (NA) and eXp Realty (NA)
Land Assembly consisting of two commercially (C3 and C2) contiguous properties located on a prominent corner of Bell McKinnon and Norcross Road. Located on the SW corner, ~1 km from the new hospital, this area is identified in the Official Community Plan as Employment Lands - Mixed, highlighting its potential for future development. Presently, the properties have a commercial unit (owner occupied - vacant possession) and a residential unit, providing income potential. The properties are exceptionally well-positioned for future growth in the area as the hospital nears completion. The combined lot size is approximately 40,946 sq ft, consisting of 22,651 sq ft at 6512 Bell McKinnon and 18,295 sq ft at 6507 Norcross. Buyers are encouraged to satisfy themselves regarding the development potential and zoning by conferring with North Cowichan. Please do not approach the owner or tenants directly.More details
Listed by Coldwell Banker Oceanside Real Estate and eXp Realty (NA)
Opportunity knocks! Prime development RM-2, Townhouse site at the south end of Duncan, CVRD Eagle Heights area. This treed, 2.2 acre, easy to build on property would be ideal for the development of up to 26 townhomes under current zoning. Some preliminary background research has been done by previous owner and may be available. There’s a circa 1930’s house on the property that had been a rental until recently and could serve to offset some holding costs while developing the site. Townhouses in this area would be highly sought after and the location is handy to amenities, school, shopping and access to TCH for commuters. Explore your options and realize this amazing opportunity. Also listed under Residential MLS# 1011878More details
Situated on historic 5th Street in Courtenay, this prominent two-storey commercial building offers approximately 9,040 sq ft of versatile space with excellent storefront retail exposure. The main floor features new flooring, updated lighting throughout the sales area, and new shelving, creating a clean and inviting retail environment. The expansive upper level, currently used for storage, provides flexibility for a variety of commercial uses. Benefiting from strong pedestrian and vehicle traffic, this location is well suited for retail or mixed commercial operations. Inventory may be purchased separately. Videography available under the Virtual Tour tab. Showings by appointment only. All media was taken when store was operational.More details
An exceptional opportunity to acquire a versatile income property offering both stability and upside. The building comprises three commercial units, one dedicated storage unit, and a well-appointed two-bedroom residential suite currently leased to a long-term tenant at $1,400 per month. With the balance of the property to be delivered vacant at completion, incoming ownership gains rare flexibility whether to curate a complementary tenant mix, reposition the asset for enhanced returns, or occupy part of the building while maintaining residential income. Well suited to investors seeking value-add potential or owner-operators looking for a live-work or income-supported footprint, this property presents a compelling combination of immediate revenue and future optionality. Recent price adjustment further enhances the opportunity to secure a multi-use asset with long-term upside. Explore the possibilities and unlock the next chapter of this property. Contact the listing agent today.More details
Rare opportunity to invest in two titled properties totaling 3.17 acres, located at 2433 Summerset Road (2.04 Acres) and 2430 Island Hwy E (1.13 Acres). These parcels have a high visibility location with Island Highway frontage, making them ideal for a variety of commercial uses or residential use. Approximately a 5-minute drive to North Nanaimo, these properties are conveniently close to all levels of amenities. The proximity to Nanaimo also ensures easy connections to the lower mainland via multiple ferry services, float planes, and the Helijet. Both parcels are undeveloped, offering a blank canvas for your vision. With CM5 zoning, the possibilities are vast, including potential uses such as a hotel, pub, restaurant, residential, recreation facility, public assembly, resort vehicle park, and tourist centre. Don't miss this investment opportunity in a high-exposure, rapidly growing area. Plus GST. Information Package Available. Measurements approx. Verify data if important.More details
Listed by REMAX Professionals (NA) and eXp Realty (NA)
Secure your business's future at 'Long Lake Views' Unit 104, a prime 1,789 sq ft commercial strata unit in Nanaimo's mixed-use development. This space offers unparalleled design freedom, allowing you to customize it for an office, artist studio, or personal care facility under flexible COR-3 zoning. Enjoy unobstructed Long Lake views, direct parking access, over 10-foot ceilings, abundant natural light, and modern heat pump systems. With one above-ground parking stall included and additional secure underground options available, this unit provides both prestige and practicality. This high traffic area is perfect for a storefront or office space, with the privacy of a secluded parking lot and community with the other storefronts available in this building. Don't miss this opportunity to establish your business in a high-quality, strategically located property.More details