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Listing by John Morris Coldwell Banker Oceanside Real Estate
$ 8,260,000
Est. payment /mo
New
2699 Sahilton Rd Duncan, BC V9L 6V6
13,920 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 13,920 sqft
Price per Sqft $593
MLS Listing ID 1046298
HOA Y/N No
Tax Year 2026
Lot Size 9.050 Acres
Acres 9.05
Property Sub-Type Industrial
Property Description
Diversified industrial investment offering multiple income streams and expansion upside. The property includes a 315-unit self-storage operation (287 lockers, 22 uncovered and 6 covered RV/boat spots) alongside a mix of tenanted industrial buildings and land — currently operating at high occupancy. Appraised by Cunningham & Rivard (August 2026) at a 6.75% cap rate on the stabilized listing price. Sale includes the interest in the existing 99-year land lease, expiring August 31, 2115; assets are located on Cowichan Indian Reserve No. 1. A further 5 acres of industrially zoned land may become available for expansion, subject to final Cowichan Tribes approval and additional consideration. Positioned in the Cowichan Valley just south of Duncan, roughly midway between Victoria and Nanaimo. Note: Proposed transaction must be structured as a Share Sale — contact listing agent for details. Do not approach owners or tenants, and do not access the site without prior approval.
Location
Province BC
County Cowichan Valley Regional District
Community Du East Duncan
Area Duncan
Zoning Industrial
Interior
Inclusions See Remarks
Fireplace No
Exterior
Exterior Feature Fencing: Full, Lighting
Parking Features On Site
View Y/N true
View Mountain(s), Valley
Garage No
Building
Sewer Sewer Connected
Water Municipal
Others
Restrictions Other
Ownership Other
Acceptable Financing See Remarks
Listing Terms See Remarks
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