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.
Address
Lots 1,2,3 Balsam Rd
List Price
$16,575,000
Property Type
Commercial Sale
Type of Dwelling
Industrial
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Cedar
Lot Size
503118 Sq. Ft.
Lot Size (Acres)
11.55 Ac.
MLS® Number
1040449
Listing Brokerage
REMAX Professionals (NA)
Postal Code
V9X 1T5
Tax Amount
$66,947.00
Tax Year
2025
Amenities
Acreage, Cleared, Corner Lot, Easy Access, Level, Near Golf Course, Rural Setting, Sloped