FOR SALE: 2.296-acres of industrial land adjacent to Highway 1, offers the option to capitalize on an existing Development Permit for a 33,498 SF warehouse. Location highlights include: 20-minutedrive time to the Duke Point ferry terminal and port facility; 20-minute drive time to downtown Nanaimo; 10-minute drive time to the Nanaimo Airport. Property highlights include: Pending zoning amendment, allowing a lot coverage of 0.47% vs. 0.30% - more density; Adjacent to Highway 1,-aning exposure and immediate access; Relatively level lot topography; 1-2 Industrial zoning, providing a broad range of industrial uses. And development permit highlights: one building totaling 33,498 SF, split into two units consisting of predominately warehouse with dock and grade loading, and then covered storage, and second floor office
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Land
Lease Type:
Sale of Assets
Listing General Location:
Du Ladysmith, Duncan
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
2.3 acre(s)0.93 hectare(s)
Taxes:
$18,787.04 /
2023
Building Features:
Visual Exposure
Commercial Area:
Other
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
1253000.0
Assessment year:
2024
Jurisdiction name:
Town of Ladysmith (SD68)
Legal Description:
LOT 20, PLAN VIP8793, DISTRICT LOT 72, OYSTER LAND DISTRICT, EXCEPT PLAN PCL A (DD 94199N)
Zoning:
I-2
Occupancy:
Vacant
Lot Site Features:
Cleared, Sloped
Parking Features:
On Site
Total Parking Spaces:
0
Total Units:
1
Date Listed:
Nov 07, 2024
Original Price:
2755200.0
Aerial view with a mountain view
Birds eye view of property featuring a mountain view
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Listed by Colliers International (Nan) and Marcus & Millichap
Data was last updated April 3, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$825,000
Min list price:
$229,000
Max list price:
$3,299,900
Avg days on market:
15
Min days on market:
7
Max days on market:
168
These statistics are generated based on the current listing's property type
and located in
Du Ladysmith. Average values are
derived using median calculations.