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Dylon Paul

dylon@dylonpaul.ca +1(250) 650-9019

Listing by Gillian Lowe eXp Realty (DU)

$ 3,690,000

Est. payment -/mo

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Active

10862 Chemainus Rd ##1 Chemainus, BC V9G 2A4

1.3 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1042470

HOA Y/N No

Annual Tax Amount $24,388

Tax Year 2025

Lot Size 1.300 Acres

Acres 1.3

Property Sub-Type Mixed Use

Property 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.

Location

Province BC

County Cowichan Valley Regional District

Community Du Chemainus

Area Duncan

Interior

Fireplace No

Exterior

Exterior Feature Fencing: Full, Lighting

Parking Features On Site

View Y/N false

Street Surface Unimproved

Garage No

Building

Lot Description Easy Access, Level

Others

Ownership Freehold/Strata

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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.”

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