10862 Chemainus Rd #1, Chemainus BC V9G 2A4

10862 Chemainus Rd #1, Chemainus BC V9G 2A4 - Mixed Use for Sale in Chemainus, BC

This 0 bedroom, 0 bathroom mixed use is listed for sale at $3,690,000 in Chemainus, British Columbia. Lot size: 56,628 sq ft (1.30 acres).MLS® #1042470.

This established mini storage facility in Saltair offers an excellent investment opportunity. With over 150 units, it is being offered at over a 6% cap rate. It has strong local demand, including waitlists for select unit sizes, providing dependable cash flow and long-term stability.

Recent upgrades include fresh exterior paint, new crushed gravel throughout, upgraded LED lighting, and a newly implemented software system with automated payment collection, making day-to-day operations efficient and low maintenance. The property also offers excellent expansion potential, with opportunities to increase outdoor storage or add additional portable storage units to further grow revenue. With established income, modernized systems, recent capital improvements, and room to expand, this turnkey commercial asset is a rare find in a growing Vancouver Island market.

Looking for homes for sale in Chemainus? Browse Chemainus real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Duncan area.