V9S Industrial Land Properties for Sale

Commercial Real Estate in V9S available for sale

V9S Industrial Land for Sale

2236 Mcgarrigle Rd

Nanaimo, BC V9S 4M6

Land for Sale
$1,920,000 CAD
1 AC Lot

Nanaimo Land for Sale

2236 McGarrigle Road presents a rare sale-leaseback investment opportunity in Nanaimo, BC, offering stable income, long-term flexibility, and future redevelopment potential. The property consists of a single 1.0-acre legal parcel zoned I-2 (Light Industrial), featuring valuable dual frontage along McGarrigle Road and Northfield Road with excellent connectivity to Highway 19A and the Nanaimo Parkway. The property has operated continuously as a dry-cleaning business since the 1960s, with the current owner occupying the site since 2005. The vendor is prepared to execute a 5-year Triple Net (NNN) leaseback at closing, with lease terms negotiable, providing investors with immediate cash flow supported by a long-established and proven business operation. Acquisition of the operating business in conjunction with the real estate is also available and open to negotiation. For confidentiality and further information, please contact via email.

Contact:

Pressed For Time

Property Subtype:

Industrial

Date on Market:

2026-07-29

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Industrial Land Properties for Sale Within 10 kilometers of V9S

More details for 766 Maughan Rd, Nanaimo, BC - Land for Sale

Duke Point Industrial Land - 766 Maughan Rd

Nanaimo, BC V9X 1J2

Land for Sale
$7,696,000 CAD
5.16 AC Lot

Nanaimo Land for Sale

766 Maughan Road is an Industrial (I4) property located in Nanaimo’s Duke Point Industrial hub. The property serves as a key logistics point, located less than three kilometers from the Duke Point Ferry Terminal and nearly adjacent to the Port of Nanaimo. This property offers immediate utility for logistics, truck-trailer operations, fleet maneuvering, heavy equipment storage, or other industrial uses. The value of the property is anchored by its substantial size for an in-city location, Heavy Industrial zoning, 100% paved surface, and heavy-duty electrical infrastructure. Industrial land, particularly heavy industrial-zoned land, is becoming increasingly scarce on Vancouver Island and across the Lower Mainland.