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2630 Labieux Rd
Na Central Nanaimo Nanaimo V9T 3N1

$1,398,800
Commercial Sale

Main Photo: 2630 Labieux Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1052171
Photo 1: 2630 Labieux Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1052171
Photo 2: 2630 Labieux Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1052171
Photo 3: 2630 Labieux Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1052171
Photo 4: 2630 Labieux Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1052171
Photo 5: 2630 Labieux Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1052171
Photo 6: 2630 Labieux Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1052171
Photo 7: 2630 Labieux Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1052171
Photo 8: 2630 Labieux Rd in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1052171
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1052171
2630 Labieux Road presents an institutional investment opportunity on a 21,205 SF site in Nanaimo, BC. The property features a 10,316 SF, two-storey building currently configured as a 19-bed community-based treatment and recovery facility, with specialized improvements and infrastructure well suited to treatment, supportive housing and other community-serving uses. Zoned CS1 (Community Service One), the property benefits from approximately 149 feet of Labieux Road frontage, a level site, municipal servicing and established institutional improvements. The property also offers long-term upside, with the accompanying appraisal identifying potential for residential redevelopment through R6 Townhouse Residential or R7 Row House Residential zoning, subject to rezoning and applicable municipal approvals. The combination of an existing specialized facility, income-producing potential and underlying redevelopment opportunity creates multiple strategies for both owner-users and investors.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
21,205 sq. ft.
Taxes:
Number of Storeys:
2
Ceiling Heights:
Total Building Area:
10,316 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Oct 14, 2026
Original Price:
1398800.0
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Listed by William Wright Commercial Real Estate Services
Data was last updated October 15, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$1,150,000
Min list price:
$280,000
Max list price:
$5,789,000
Avg days on market:
87
Min days on market:
1
Max days on market:
323
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.