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.
Data was last updated August 14, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$2,250,000
Min list price:
$299,000
Max list price:
$9,475,000
Avg days on market:
149
Min days on market:
3
Max days on market:
427
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.