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$8,260,000

2699 Sahilton Rd
MLS® NO: 1046298

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.

General

Property Type:Industrial
Tax Year:2026

Site Influences

Lot SqFt: 394,390
Acres: 9.05
Water: Municipal
Waste: Sewer Connected

Strata Lot Information

Managed By: Owner Operated

Property Details

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Listed with:

John MorrisColdwell Banker Oceanside Real Estate
Phone: 250-710-0765

Charles MorrisColdwell Banker Oceanside Real Estate
Phone: 250-710-8440

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.