Situated on a very private 5+ acres on Denman Island, this property provides an exceptional opportunity for an owner/operator to enter the cannabis industry with a cultivation and processing facility of approximately 9,300 square feet. Additional on-site improvements include a renovated3-bed single-family home of approximately 2,900 square feet. Constructed in 2019, the cannabis facility received Health Canada approval but never commenced formal operation, as such there are no licenses included with the sale. With over 4,500 sq. ft of cultivation area alone, this facility could also be utilized for a range of other agricultural or food processing uses. With a hybrid commercial/greenhouse design, the facility is ideal for controlled agricultural production. Gated and secure, the facility includes an adjoining office building that could easily accommodate temporary staff housing. Additional greenhouse expansion on site is also possible. Information package available
Property Type:
Commercial Sale
Type:
Other
Commercial Type:
Building, Land
Year built:
2019
(Age: 6)
Lease Type:
Sale Price
Listing General Location:
Isl Denman Island, Islands
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
5.38 acre(s)2.18 hectare(s)
Taxes:
$4,672.52 /
2023
Building Features:
Security System
Construction:
Cement Fibre, Frame Wood, Insulation All
Foundation:
Concrete Perimeter
Number of Storeys:
2
Floor finish:
Other
Commercial Area:
Not Applicable
Water supply:
Cistern, Well: Drilled
Sewer:
Septic System
Cooling:
HVAC
Heating:
Propane
Fireplace:
No
Equip/Machinery, Fixtures
Fencing: Full
Main Level
0
Yes
No
Unrestricted
Financing Notes:
1.25% w/ physical intro to prop by coop brokerage, otherwise 0.5%
Assessed:
1024900.0
Assessment year:
2024
Jurisdiction name:
Courtenay Rural (771)
Legal Description:
LOT B, PLAN VIP68333, SECTION 6, NANAIMO LAND DISTRICT, DENMAN ISLAND
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Listed by Colliers and Colliers International (Nan)
Data was last updated January 8, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$949,900
Min list price:
$130,000
Max list price:
$9,800,000
Avg days on market:
172
Min days on market:
33
Max days on market:
680
These statistics are generated based on the current listing's property type
and located in
Islands. Average values are
derived using median calculations.