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Renanza Realty
For sale

1933 Balsam Rd

Nanaimo, British Columbia

MLS® 1040217

$3,750,000

Status
Active
Property type
Industrial
MLS® number
1040217
Bedrooms
Bathrooms
Year built

Listing description

Exceptional opportunity to acquire 2. 5 acres of prime Light Industrial (LI-1) zoned land in the highly sought-after Mid-Island region. This level, usable parcel is ideally suited for a wide range of industrial and commercial applications.

The property is mostly fenced and serviced with power and a drilled well, providing a strong foundation for immediate or future development. Previously cleared and prepared by the current owner, the site is ready for your business vision, with only a small electrical shed currently in place. Strategically located in South Nanaimo’s established industrial area near the end of Balsam Road, the property offers excellent access to major transportation routes, including the Island Highway for efficient north and southbound travel, and is conveniently close to the Nanaimo Duke Point Ferry Terminal and the Downtown Nanaimo Port—making it ideal for logistics, warehousing, or distribution operations.

This is an exceptional opportunity to secure industrial land in a growing and well-connected location. Contact us today for a full information package or to arrange a private tour. Plus GST.

Property summary

MLS® number
1040217
Property type
Industrial
Title
Freehold
Land size
2.5 acres
Annual property taxes
$27,549.00
Days on market
75 days

Features & details

Lot features
Level lot, Partially cleared, Other, Rectangular

What would this home cost you?

Based on the $3,750,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$17,448 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMAX Professionals (NA), Nanaimo.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.