MLS® 1028746

Industrial for Sale — Cedar, Nanaimo, BC

$1.5

1933 Balsam Rd, Nanaimo, BC V9X1T5

10
Walk Score
25
Bike
Walk Score® by Redfin
For Lease
2.5 acres
Lot size
10
Walk Score
25
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Leasehold
Zoning
IN-1
Lot dimensions
2.5
Lot features
Level lot, Partially cleared, Other, Rectangular

Listing Information

MLS®
1028746
Listed
March 12, 2026
Time on market
186 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

FOR LEASE: Rare Opportunity in today's Market to Lease 2.5 acres (108,900 Sq. Ft.) of Industrial land zoned Light Industrial 1 in the Mid Island area. This site is completely level, mostly fenced, power and drilled well on site. Situated in South Nanaimo within the Industrial area near the end of Balsam Rd. Ideally located for easy access to the Highway heading south or north. Close to Nanaimo Duke Point Ferry Terminal and Downtown Nanaimo Port. This site was cleared and developed by the owner and has no improvements on site other than a small electrical shed. Great opportunity for your business. Call or email for an information package or private tour. Plus GST. (id:63159)

Location

Local market size (Nanaimo)

Population
99,863(+10.3% since 2016)
Population density
1,104.1/km²
Median household income
$75,500

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
23.4%
Postsecondary below bachelor's
32.6%
High school diploma
30.5%
No certificate/diploma
13.5%

Population aged 15 and over.

Commute

Car, truck or van
86.8%
Public transit
4.0%
Walked
5.2%
Bicycle
1.4%
Other
2.6%

Commute duration

Under 15 min
45.9%
15–29 min
36.0%
30–44 min
10.4%
45–59 min
3.0%
60+ min
4.7%

Employed labour force with a usual workplace.

Mother Tongue

English85.5%
Mandarin1.6%
French1.2%
Punjabi (Panjabi)1.2%
German0.9%
Tagalog (Pilipino, Filipino)0.7%
Spanish0.6%
Vietnamese0.5%
Korean0.5%
Arabic0.5%

Top 10 mother tongues reported (single responses).

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Other commercial property types for lease in Nanaimo

Frequently asked questions

What is the asking price for this business?

This listing is available for lease at $1.5.

Where is this business located?

This listing is located in Nanaimo, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.