1980 Schoolhouse Road

$15,500,000 | Cedar, Nanaimo

1980 Schoolhouse Road, Cedar, Nanaimo

Excellent Cashflow Opportunity

Listing Agents: Logan Wilson Personal Real Estate CorporationShane Wilson

Phone: 250.857.0609778.585.5010

Email: lwilson@sothebysrealty.caswilson@sothebysrealty.ca 

Situated south of Nanaimo on the Trans Canada Highway, Vancouver Island Self-Storage is an excellent cashflow opportunity with initial building phase complete, currently generating revenue with huge additional potential.

Only half of the usable land has been developed, leaving several acres for future expansion or for commercial or industrial tenants (prospects already in line). The self-storage facility is designed to maximize profits and reduce costs, with a full fire suppression system, and no unnecessary indoor hallways, maximizing space with a unit mix that caters to home movers and families that live in condos.

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Features

  • MLS®: 879333
  • Type: Other
  • Taxes: $31,922.65 (2021)
  • Year Built: 2021
  • Rental Suite: 186 Units