Presenting a rare opportunity to acquire a 5.94-acre site strategically located within the Cowichan Valley’s primary industrial node. Currently zoned P-1 (Parks and Institutional), this property is surrounded by light industrial uses, positioning it as an opportunity for future redevelopment consistent with the surrounding area. The site is improved with existing school buildings and will be delivered with vacant possession upon termination of the current tenancy on June 30, 2026. The property enjoys prominent exposure to the Trans Canada Hwy, offering strong visibility and exposure. Prospective buyers are encouraged to undertake their own due diligence with the CVRD regarding zoning, servicing and redevelopment potential. For showing and offer instructions please contact listing agents. All sizes approx. and to be verified by Buyer if important.More details
Listed by Coldwell Banker Oceanside Real Estate and eXp Realty (NA)
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. 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
NEW PRICE $1,275,000 – Rare opportunity to acquire 2 contiguous parcels totalling over 15,000 sqft in the heart of Downtown Nanaimo with highly desirable DT5 zoning allowing for mixed-use and higher-density development, offering a compelling blend of immediate usability and long-term redevelopment potential, improved with an existing 3,092 sqft building featuring a flexible commercial layout with multiple washrooms and lower-level office/storage area, with recent upgrades including a newly completed torch-on roof and interior remediation providing a solid foundation for occupancy or holding income, further enhanced by patio areas and an adjoining lot currently configured for parking or future expansion, all ideally positioned in a walkable, transit-oriented location steps from the waterfront and suited to a range of commercial, professional, medical or redevelopment opportunities an increasingly rare chance to secure scale, zoning and location at a price supported by recent valuation.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