$15,500,000

1980 Schoolhouse Rd
MLS® NO: 879333

Description

Situated south of Nanaimo on the Trans Canada Highway, Vancouver Island Self-Storage is an excellent cashflow opportunity with 2 of 4 building phases 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 businesses will also be able to take advantage of indoor and outdoor options as well as car enthusiasts, Current capacity is 86 indoor access units and 100 outdoor access units all with 24 hour smart phone access, heating/security and tall ceiling heights for additional value for tenants. This is an investment that allows one to profit on autopilot.

General

Taxes: 31922.650390625
Business Name: VANCOUVER ISLAND SELF STORAGE INC., INC.NO. BC1155

Lot Information

SqFt: 561924
Acres: 12.90
Lot Features: Acreage, Central Location, Easy Access, Irregular Lot, Landscaped, Level, Rectangular Lot, Serviced, See Remarks
Water: Well: Drilled

Property Details

Building Type:
Municipality: Nanaimo
Sq. Feet: 561,924

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Listed with:

Logan E. Wilson - Sotheby's International Realty Canada
Phone: 250-857-0609

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.