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. This property is vacant and ready for immediate occupancy. 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.
Data was last updated June 30, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
105
Avg list price:
$1,050,000
Min list price:
$19,900
Max list price:
$24,517,000
Avg days on market:
84
Min days on market:
5
Max days on market:
432
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations.