





Price
$8,260,000
BedroomsNot listed
BathroomsNot listed
Size13920 sqft
Year BuiltNot listed
Property TypeCommercial
Property TaxesNot listed
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:39198)

Real Estate Professional
Contact me for all your real estate needs in Victoria. I'm here to help you find your dream home or sell your property with expertise and dedication.
The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.