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$16,575,000
British Columbia,Nanaimo
For Sale Active
Lots 1, 2, 3 Balsam Rd, Nanaimo, British Columbia V9X1T5
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Basic Details
Description

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:62783)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 1040449
  • Price: $16,575,000
  • Status: Active
  • Property Sub Type: Industrial
  • Office Key: 131042
Address Map
  • Location: CA, British Columbia, Nanaimo, V9X1T5
  • Street: Balsam
  • Street Number: Lots 1, 2, 3
  • Street Suffix: Road
  • Longitude: W124° 6' 42.6''
  • Latitude: N49° 6' 12.2''
  • Zoning: Unknown
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 11.55
Financial
  • Tax Annual Amount: 66947
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Listing updated: 2026-06-18 13:55:20
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Listing Information
  • List Agent Key: 1758824
  • List Office Key: 131042
  • Modification Timestamp: 2026-06-16T17:35:21Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2026-06-16T17:22:38Z
Powered by REALTOR.ca
Listing updated: 2026-06-18 13:55:20
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