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Lot 3 Balsam Rd
Na Cedar Nanaimo V9X 1T5

$3,930,000
Commercial Sale

Main Photo: Lot 3 Balsam Rd Nanaimo BC
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1040432
Outstanding opportunity to acquire 2.62 acres of level Light Industrial (LI-1) land in South Nanaimo. Ideally suited for a variety of industrial or commercial uses, this parcel offers excellent development potential. Conveniently located near the end of Balsam Road with easy access to the Island Highway, Duke Point Ferry Terminal, and the downtown port. Contact for more information or to arrange a viewing. Plus GST.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Cedar, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2.62 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Water supply:
Well: Drilled
Sewer:
Septic Needed
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Zoning:
LI-1
Units in Building:
Units in Community:
Occupancy:
Vacant
Lot Site Features:
Cleared, Corner Lot, Easy Access, Level, Near Golf Course, Rural Setting
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Jun 11, 2026
Original Price:
3930000.0
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Listed by REMAX Professionals (NA)
Data was last updated June 29, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
112
Avg list price:
$1,204,000
Min list price:
$46,900
Max list price:
$25,000,000
Avg days on market:
110
Min days on market:
5
Max days on market:
763
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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TICARA COERTZE
STEVE GILLESPIE
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.