Industrial for Sale — Cedar, Nanaimo, BC
$3,930,000
Lot 3 Balsam Rd, Nanaimo, BC V9X1T5
Property details
Structured details
- Ownership
- Freehold
- Zoning
- LI-1
- Annual property tax
- $28,253
- Lot dimensions
- 2.62
- Parcel ID (PID)
- 026-138-689
- Lot features
- Level lot, Corner Site, Partially cleared, Other
Listing Information
- MLS®
- 1040432
- Listed
- June 15, 2026
- Time on market
- 91 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Outstanding opportunity to acquire 2.62 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 and offers excellent potential for future development. Strategically located in South Nanaimo’s established industrial area near the end of Balsam Road, the property provides convenient access to major transportation routes, including the Island Highway for efficient north and southbound travel. It is also ideally situated near the Nanaimo Duke Point Ferry Terminal and the Downtown Nanaimo Port, making it well-suited for logistics, warehousing, or distribution operations. This is an outstanding 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. (id:63159)
Financing calculator
Estimate your monthly payment on the $3,930,000 asking price.
Financing details
- Monthly debt service
- $38,145
- Cash required at close
- $811,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
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
Top 10 mother tongues reported (single responses).
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All in Nanaimo →Frequently asked questions
What is the asking price for this business?
The asking price is $3,930,000.
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 15, 2026.