Office Listings
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1046298
- Photos (25)
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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.
- Property Type:
- Commercial Sale
- Type:
- Industrial
- Commercial Type:
- Building, Business, Land
- Lease Type:
- Sale Of Shares
- Listing General Location:
- Du East Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 9.054 acre(s)3.66 hectare(s)
- Total Building Area:
- 13,920 sq. ft.1,293 m2
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- See Remarks
- See Remarks
- Fencing: Full, Lighting
- Mountain(s), Valley
- Main Level
- Jurisdiction name:
- Cowichan Tribes First Nation
- Zoning:
- Industrial
- Occupancy:
- Owner
- Parking Features:
- On Site
- Road Frontage Type:
- Street
- Business Name:
- AB Storage
- Business Type:
- Industrial, Other
- Date Listed:
- Aug 14, 2026
- Original Price:
- 8260000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated August 15, 2026 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $2,499,500
- Min list price:
- $299,000
- Max list price:
- $9,475,000
- Avg days on market:
- 139
- Min days on market:
- 1
- Max days on market:
- 428
These statistics are generated based on the current listing's property type
and located in
Du East Duncan. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- WILL NIKL
- COLDWELL BANKER OCEANSIDE REAL ESTATE
- 1 (250) 2202489
- Contact by Email
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.




