Lots 1,2,3 Balsam Rd, Nanaimo, British Columbia

$16,575,000

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11.55

Acres

About Lots 1,2,3 Balsam Rd

A truly rare and significant offering in Nanaimo’s industrial market, this expansive 11.55 acre property spans three separate titles and presents a unique opportunity for investors, developers, and owner-users alike. Zoned Medium and Light Industrial (MI-1 & LI-1), the site is ideally suited for a wide range of industrial and commercial applications and offers exceptional flexibility for future development or phased use. The property is predominantly level and provides an efficient footprint for a variety of configurations including logistics hubs, warehousing, manufacturing, or service-based industrial operations. With its scale and multi-title configuration, the site offers potential for a strategic development, or long-term holding in a market where large industrial land assemblies are increasingly scarce. Strategically positioned in South Nanaimo’s well-established industrial precinct near the end of Balsam Road, the property benefits from excellent connectivity to key transportation infrastructure. Quick access to the Island Highway ensures efficient north and southbound travel, while proximity to the Nanaimo Duke Point Ferry Terminal and the Downtown Nanaimo Port enhances regional and inter-island distribution capabilities. Surrounded by established industrial users and ongoing development, this location continues to see strong demand driven by Vancouver Island’s growing economy and limited industrial land supply. This offering represents a compelling opportunity to secure a substantial land holding in a high-demand, well-connected industrial corridor with long-term upside. Contact us today for a comprehensive information package or to arrange a private tour of this exceptional offering. Plus GST. (id:36535)

Features of Lots 1,2,3 Balsam Rd

Listing # 1040449
Price $16,575,000
Bathrooms 0.00
Acres 11.55
Type Industrial
Sub-Type Freehold

Community Information

Address Lots 1,2,3 Balsam Rd
Subdivision Cedar
City Nanaimo
Province British Columbia
Postal Code V9X1T5

Amenities

Features Acreage, Level lot, Corner Site, Sloping, Partially cleared, Other
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of REMAX Professionals (NA)

Listing Map