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Featured exterior photo of 1-10862 Chemainus Rd, Chemainus, BC
11 days on market
Commercial Sale
1-10862 Chemainus Rd, Chemainus, BC
$3,690,000
1-10862 Chemainus Rd, Chemainus, BC
Commercial Sale · Mixed Use · Chemainus, BC
$3,690,000 MLS® 1042470
1.30Acres

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.

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Property Location
1-10862 Chemainus Rd, Chemainus, BC
Listed by eXp Realty (DU)

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