Diversified industrial investment offering multiple income streams and expansion upside. The property includes a 315-unit self-storage operation (287 lockers, 22 uncovered and 6 covered RV/boat spots) alongside a mix of tenanted industrial buildings and land — currently operating at high occupancy. Appraised by Cunningham & Rivard (August 2026) at a 6.75% cap rate on the stabilized listing price. Sale includes the interest in the existing 99-year land lease, expiring August 31, 2115; assets are located on Cowichan Indian Reserve No. 1. A further 5 acres of industrially zoned land may become available for expansion, subject to final Cowichan Tribes approval and additional consideration. Positioned in the Cowichan Valley just south of Duncan, roughly midway between Victoria and Nanaimo. Note: Proposed transaction must be structured as a Share Sale — contact listing agent for details. Do not approach owners or tenants, and do not access the site without prior approval.More details
Brand-new pair fourplex on a quiet no-through street in North Nanaimo, one block from Woodgrove Centre. Two R5-zoned lots (42,546 sf combined) each hold a new 4-unit building — 8 self-contained 2-bed/2-bath suites, individually metered, with quartz counters, heat pumps, and radon mitigation. Built by Alair Homes, designed by Carma Design Group, Step Code 3. Steps from Home Depot, Real Canadian Superstore, and quick access to the Nanaimo Parkway, with noise-mitigating fencing keeping the site quiet. Nanaimo's rental vacancy sits at just 2.9%, with new supply down 40% year-over-year — a landlord's market. Projected market rent $2,750/unit/month; stabilized NOI $196,458; Full appraisal, drawings, and subdivision plan available on request.More details
Rare Strata Office Investment opportunity in a prime location, priced SHARPLY at $359,900, this is your chance to start a business, buy and hold or secure a high-demand commercial property. This near 1200 sqft COR2 zoned strata office is on the upper level, has plenty of parking, excellent exposure, the sqft includes 5 office rooms, a copy room, reception and a half bath. Check with the city of Nanaimo for variety of uses. Some of the uses include Retail, Studio, Daycare, Hotel, Laundromat, Library, Social service retail Centre, Veterinary Clinic, Personal Care Facility, zoning information available. Close to Departure Bay ferry for back and forth access, Seaplanes, other shopping and easy highway accessibility. Waiting on lease agreement from sellers. All measurements are approximate and should be verified if important.More details
Located in the heart of downtown Ladysmith, this 7,200 sq ft C-2 Downtown Commercial zoned property offers exceptional live/work, investment, and redevelopment potential. Flexible zoning permits a wide range of
commercial, residential, mixed-use, retail, office, café, restaurant, studio, wellness, and potential medical or
professional service uses. The existing home features 4 bedrooms plus other flex rooms ideal for offices,
studios, guest space, consulting rooms, or business use. Large covered patio, private backyard, and alley
access add versatility. Located steps from First Avenue shops, restaurants, galleries, waterfront amenities,
Country Grocer, and nearby medical services. Potential future mixed-use redevelopment opportunity with
ground-floor commercial and residential above. Allowed a max. 18 Meters. Buyer to verify with Town of Ladysmith. All measurements are approx, buyer to verify if important.More details
Established and well-known Duncan café with strong community recognition, loyal clientele, and approximately 78 seats including a 49-seat dining area and 29-seat patio. Arbutus Cafe features a liquor license, experienced staff, established systems, and consistent annual revenues. This turnkey opportunity is ideal for an owner-operator, hospitality professional, or family-run business. Favorable occupancy costs, strong local reputation, and substantial working capital included in the sale provide a solid foundation for continued success. Located in a growing market with excellent visibility and repeat customer traffic. NDA required for detailed financial information.More details
Excellent investment opportunity. Stunning Heritage Building in the desirable Old City area of Nanaimo. This fabulous business and shopping district is the ideal spot for your future business or residence. The main floor of the building has 2 existing business's including Bastian Pearl & Craft Fare. The upper floor was law offices but is now vacant and waiting for your ideas. There is approximately 4600 Sq Ft of building with loads of options. The central downtown location is ideal with D1 zoning allowing for a multitude of business/residential possibilities. Just a short stroll to all the shops, restaurants, harbour and seawall. A bussling community waiting for you!More details
Lot C is a 6.00-acre parcel of A-1 zoned land within the Agricultural Land Reserve, fronting Cowichan Bay Road in the Municipality of North Cowichan. The site is bright, level, and well drained, ringed by a mature treed perimeter that provides natural screening on three sides. The parcel is unimproved and offers a clean canvas for agricultural production, hobby-farm use, or a rural residential holding subject to ALR and municipal approvals. A driveway permit is required to establish access off Cowichan Bay Road.More details
An exceptional 5.91-acre lakefront holding offering a rare combination of private-estate setting and residential development upside. Positioned along one of Quamichan Lake’s most desirable shorelines just outside Duncan, BC, the property includes 375 feet of south-facing waterfront with views of Mt. Tzouhalem. Sprawling lawns, mature trees including heritage apple trees and a gently sloping shale break give seamless water access and a genuine park-like feel.More details
Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. Offered as-is, where-is. All information and measurements are approximate and must be verified if important.More details
An exceptional opportunity to acquire one of Vancouver Island’s longest established and most successful independent restaurants. Operating for nearly 60 years, this turnkey business has built a loyal customer base and strong reputation. The sale includes the land, building, and business, offering immediate cash flow with no lease concerns. Extensive equipment upgrades have been completed, and an experienced team of 20–25 staff is in place for a smooth transition. Two self-contained 1-bedroom suites provide additional rental income potential. With over 95% of revenue from takeout and delivery, seating for approximately 50 guests, can also add liquor license to boost sales, and no third-party delivery currently offered, there is significant room for growth. An outstanding opportunity for an owner-operator or investor seeking a profitable business with real estate included.More details
6 bed, 2 bath legal up/down duplex just minutes from Vancouver Island University. Good fit for a first-time buyer looking for a mortgage helper, or an investor ready to add to the portfolio. The upper level has 3 bedrooms, a big open living room, newer carpets, and a large sundeck with newer railings and stairs. Bathroom keeps its vintage charm with a claw-foot tub and separate shower. This unit sits vacant right now, so quick possession is possible. Downstairs is 3 bedrooms, 1 bathroom, with ceramic tile throughout for easy care and durability. Currently rented at $2,400/month, live upstairs and rent the other side, or set both units at market rent. Newer windows throughout, both hot water tanks replaced in 2023, vinyl siding, and a fresh exterior paint job. Each unit has its own laundry, its own storage, and its own hydro meter. Outside you've got parking for around 5 vehicles, a fenced yard, and a garden bed ready to plant. (Measurements and data approximate; verify if important.)More details
Colliers is pleased to offer for sale 535 Nicol Street, a 26,397 SF multifamily development site in Nanaimo, BC, ideally located near the waterfront and downtown, with convenient access to University Village Mall and Port Place Mall. The property is development-ready, having been rezoned to Residential Corridor (COR1) from R1 and COR3, allowing for a six-story building (up from the previous four-story limit) and a Floor Area Ratio (FAR) of up to 2.90 (previously 1.50). This rezoning process, completed by the vendor over 20 months, saves significant time and costs for the new owner. Additionally, the vendor has consolidated the properties at 120 Needham Street and 515, 535, 545, and 575 Nicol Street into a single parcel at 535 Nicol Street. Conceptual plans for a six-story, 127-unit development are available upon requestMore details