Commercial Real Estate for Sale on Mid-Island Vancouver Island

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1545 King Ave
Na Cedar Nanaimo V9X 1T5

$8,895,000
Commercial Sale

Main Photo: 1545 King Ave in Nanaimo: Na Cedar Industrial for sale : MLS®# 1040227
Photo 1: 1545 King Ave in Nanaimo: Na Cedar Industrial for sale : MLS®# 1040227
Photo 2: 1545 King Ave in Nanaimo: Na Cedar Industrial for sale : MLS®# 1040227
Photo 3: 1545 King Ave in Nanaimo: Na Cedar Industrial for sale : MLS®# 1040227
Photo 4: 1545 King Ave in Nanaimo: Na Cedar Industrial for sale : MLS®# 1040227
Photo 5: 1545 King Ave in Nanaimo: Na Cedar Industrial for sale : MLS®# 1040227
Photo 6: 1545 King Ave in Nanaimo: Na Cedar Industrial for sale : MLS®# 1040227
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1040227
Outstanding opportunity to acquire 6.43 acres of level Medium Industrial (MI-1.4) land in South Nanaimo with two road access points. Ideally suited for a variety of industrial or commercial uses which includes processing and manufacturing, this property offers strong development potential. Conveniently located near the end of Balsam Road with easy access to the Island Highway, Duke Point Ferry Terminal, and the downtown port. Contact for more information or to arrange a viewing. Plus GST.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Cedar, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6.43 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Water supply:
Well: Drilled
Sewer:
None
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Zoning:
MI1.4
Units in Building:
Units in Community:
Occupancy:
Vacant
Lot Site Features:
Acreage, Easy Access, Level, Rural Setting, Sloped
Parking Features:
On Site
Road Surface Type:
Unimproved
Total Units:
Date Listed:
Jun 11, 2026
Original Price:
8895000.0
  • Photo 1: 1545 King Ave in Nanaimo: Na Cedar Industrial for sale : MLS®# 1040227
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Listed by REMAX Professionals (NA)
Data was last updated August 4, 2026 at 04:05 PM (UTC)
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.