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. (id:44056)

Property Details

Full Address:
Lots 1,2,3 Balsam Rd, Nanaimo, British Columbia
Price:
$ 16,575,000
MLS Number:
1040449
List Date:
June 15th, 2026
Lot Size:
11.55 ac
Taxes:
$ 66,947

Interior Features

Building Features

Zoning:
Unknown
Zoning Detail:
LI-1 & MI-1
Ownership Type:
Freehold
Taxes:
$ 66,947

Floors

Land

Lot Size:
11.55 ac
Lot Features:
Acreage, Level lot, Corner Site, Sloping, Partially cleared, Other

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Brent Russell Personal Real Estate Corporation REMAX Professionals (NA)
250-739-3633
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Listing Agent(s)

Lead Agent: Brent Russell
Office: REMAX Professionals (NA)
Originating Board: Vancouver Island Real Estate Board

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