Listed price in listed location currency (CAD).
$3,690,000

000

MLS® 1042470

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $24,388
Days Active 0
Lot Size 1.3 Acres
Approx. Age 
MLS® Number 1042470

Property Address: 1-10862 Chemainus Rd, Chemainus, BC, V9G2A4

Average square foot calculated using Size range provided by listing agent.

Description

This established mini storage facility in Saltair offers an excellent investment opportunity. With over 150 units, it is being offered at over a 6% cap rate. It has strong local demand, including waitlists for select unit sizes, providing dependable cash flow and long-term stability. Recent upgrades include fresh exterior paint, new crushed gravel throughout, upgraded LED lighting, and a newly implemented software system with automated payment collection, making day-to-day operations efficient and low maintenance. The property also offers excellent expansion potential, with opportunities to increase outdoor storage or add additional portable storage units to further grow revenue. With established income, modernized systems, recent capital improvements, and room to expand, this turnkey commercial asset is a rare find in a growing Vancouver Island market.
MLS® Number1042470
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 7, 2026List Date
$3,690,000List Price
  • Commute

Commute

Starting Address
Destination Address
10862 Chemainus Rd, Chemainus, BC

Contact eXp Realty Agent

Gillian Lowe

Listing Agent

Gillian Lowe

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