Diversified industrial investment offering multiple income streams and expansion upside. The property includes a 315-unit self-storage operation (287 lockers, 22 uncovered and 6 covered RV/boat spots) alongside a mix of tenanted industrial buildings and land — currently operating at high occupancy. Appraised by Cunningham & Rivard (August 2026) at a 6.75% cap rate on the stabilized listing price. Sale includes the interest in the existing 99-year land lease, expiring August 31, 2115; assets are located on Cowichan Indian Reserve No. 1. A further 5 acres of industrially zoned land may become available for expansion, subject to final Cowichan Tribes approval and additional consideration. Positioned in the Cowichan Valley just south of Duncan, roughly midway between Victoria and Nanaimo. Note: Proposed transaction must be structured as a Share Sale — contact listing agent for details. Do not approach owners or tenants, and do not access the site without prior approval. (id:44056)

Property Details

Full Address:
2699 Sahilton Rd, Duncan, British Columbia
Price:
$ 8,260,000
MLS Number:
1046298
List Date:
August 14th, 2026
Building Size:
13920 sq.ft.
Lot Size:
9.05 ac

Interior Features

Building Features

Building Size:
13920 sq.ft.
Zoning:
Unknown
Zoning Detail:
Industrial
Association Name:
Owner Operated

Floors

Land

View:
Mountain view, Valley view
Lot Size:
9.05 ac

Neighbourhood Features

Ratings

Commercial Info

Business Type:
Industrial, Other

Neighbourhood Details

Location

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John Morris Coldwell Banker Oceanside Real Estate
250-710-0765
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Listing Agent(s)

Lead Agent: John Morris
Office: Coldwell Banker Oceanside Real Estate
Originating Board: Victoria Real Estate Board
Co-Listing: Charles Morris
Coldwell Banker Oceanside Real Estate

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