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Light industrial development land with holding income in Lake Cowichan, British Columbia

Sq Ft
99455
Level, serviced light-industrial development land. The property includes storage business with national brand vehicle rental agency. This property will suit a light industrial development project or expansion of the current use to maximize revenue.
Current annual net income is approximately $50,000.00. The opportunity is located in central Nanaimo in an area of industrial and commercial businesses. Boban Drive has easy access to the Parkway and to the Island Highway. The immediate surrounding neighbourhood is comprised of businesses including home renovation businesses, DIY retailers, and warehousing.
For further information please contact:
Randall Taylor
randall.taylor@dtznanaimo.com
250- (direct)
250-x34 (office)
Moe Lessan, CCIM
moe.lessan@dtznanaimo.com
250- (direct)
250-x33 (office)
DTZ Nanaimo Real Estate Ltd.

$2,488,000
Seller:
Type: Commercial buildings