Industrial Land for Sale on Mid-Island Vancouver Island
Industrial and commercial land for sale across Mid-Island Vancouver Island, including Nanaimo, Ladysmith, Parksville, and surrounding markets. View available MLS® listings suitable for development, owner-users, and long-term investment.
NEW RM-2 MULTI FAMILY ZONING.
This prime 17.3 acre residential development parcel is newly zoned RM-2 multi family zoning in accordance with the Town of Comox's new zoning bylaw which was adopted in February 2026. This property presents a rare opportunity for much needed multi family housing development within the municipal boundaries of the Town of Comox. RM-2 zoning permits up to four storeys, 50% lot coverage and no restriction on the number of units.
Ideally situated along the Pritchard Rd Corridor, it is within easy walking distance to Highland Secondary School and sports fields & only a few minutes drive to beautiful downtown Comox and the Marina. The Comox Valley Airport is a three minute drive away. Beaches, golf courses and the Comox Valley Hospital area all within a few minutes' easy drive from this ideal location.
Don't miss this opportunity - Contact the listing agents for further details and an information package.More details
Listed by Royal LePage Coast Capital Realty and Royal LePage-Comox Valley (CV)
The vendor has conduct of sale pursuant to an Order of the Supreme Court of British Columbia.
The property is sold "as is where is" without representation or warranty, and the sale and all terms are subject to court approval. Offers must include a Schedule A outlining these terms.
Detailed property information and development analysis materials are available upon execution of a Confidentiality Agreement. Contact the listing agents for further details.More details
A rare opportunity to acquire two separately titled parcels offered together as one exceptional land holding in the Courtenay-one of Vancouver Island's most sought-after and fastest-growing regions. This expansive property totals 52.119 acres, comprising 22.22 acres at 4040 Comox Logging Road and 29.899 acres on the neighboring Lot A, Livingston Road. Large acreages of this scale are seldom available in such a desirable location. Enjoy convenient access to highways, ferries, city amenities, and the ocean, while being surrounded by the region's renowned natural beauty. Zoned RU8(Rural Eight), the property offers outstanding flexibility and long-term investment or development potential. This is an ideal opportunity for visionary investors and developers seeking to bring their ideas to life in a highly livable and strategically positioned community. Purchase and lease enquiries are both welcome.More details
This well-located multi-family development opportunity comprises 4 separate residential properties totaling 10 acres within the municipal boundaries of the City of Courtenay on picturesque Vancouver Island. With the province-mandated zoning changes to allow more multi-family opportunities, the timing could not be better. The property is situated in a quiet single- and multi-family residential neighborhood and is within easy walking distance to many schools and downtown Courtenay. The seller has done extensive work on preparing these sites for development. An information package is available. Please contact listing realtor for more details. Timing is ideal for residential development - don't miss this opportunityMore details
Listed by Royal LePage Coast Capital Realty and Royal LePage-Comox Valley (CV)
This prime 8.56-acre commercial/industrial development parcel provides a rare development opportunity within the municipal boundaries of the Town of Comox, located on picturesque Vancouver Island. This high-visibility location at the southeast corner of Pritchard and Knight Roads, on the Pritchard Road corridor, is situated almost directly across from the entrance to the Comox Valley Airport and only a few minutes' drive to the Comox marina and downtown Comox. Beaches, golf courses and the Comox Valley hospital are all within 10 minutes' easy drive along major Comox Valley arteries. Don't miss this opportunity - contact listing agent for further details and information package.More details
Listed by Royal LePage Coast Capital Realty and Royal LePage-Comox Valley (CV)
This listing includes 2019 Bowen Rd and 1985 Island Diesel Way totaling 117,045 sq.ft. usable land. Both properties are zoned COR2,which allows for mixed use, street-oriented development. These two lots with high visibility location offer an incredible opportunity for investors or developers! COR2 permits multi-family development, commercial strip mall, up to 1.75 FSR and up to 5 Story buildings with city bonuses. Buyer to verify with the City of Nanaimo. The options are endless. This location is highly desirable with easy access to amenities, schools, parks and transportation. Don't miss your chance to secure this solid investment opportunity!More details
NEW RM-2 MULTI-FAMILY ZONING. This prime 4.75-acre residential development parcel is newly zoned RM-2 multi-family zoning in accordance with the Town of Comox's new zoning bylaw which was adopted in February 2026. This property presents a rare opportunity for a much-needed multi-family housing development within the municipal boundaries of the Town of Comox. RM-2 zoning permits up to four storeys, 50% lot coverage and no restriction on the number of units. Ideally situated along the Pritchard Road corridor, it is within easy walking distance to Highland Secondary School and sports fields and only a few minutes' drive to beautiful downtown Comox and the marina. The Comox Valley Airport is a two-minute drive away. Beaches, golf courses and the Comox Valley hospital are all within a few minutes' easy drive from this ideal location. Don't miss this opportunity - contact listing agent for further details and information packageMore details
Listed by Royal LePage Coast Capital Realty and Royal LePage-Comox Valley (CV)
Opportunity to acquire a fully approved development site for a high exposure, self storage facility in Nanaimo, BC.
The subject property has successfully undergone consolidation and rezoning to I-3 zoning. As of September 2025, the City of Nanaimo has formally approved the development permit for a drive-up, Class B self storage facility, featuring 31,775 rentable square feet over three buildings plus an office/caretaker suite building.
Strategically situated just south of Downtown Nanaimo, with prominent frontage along the Trans Canada Highway, the site enjoys excellent visibility and convenient regional access. Extensive planning and due diligence have already been completed for this project. The vendor has finalized architectural plans and assembled all necessary supporting reports, streamlining the development process for prospective purchasers.More details
Avison Young is pleased to offer for sale a 4.72-acre residential development site fronting Island Highway in Ladysmith, BC. Ladysmith sits between the two largest urban centres on Vancouver Island - about 23 km south of Nanaimo and within easy reach of Victoria - which gives developers access to broader labour pools, renters and buyers. It's also near major transportation routes including the Island Highway, ferries and the Nanaimo Airport. Residential demand in Ladysmith has significantly increased as people seek lifestyle, affordability and community amenities. The market is underserved for rental and ownership, specifically for apartments and multi-family spaces. This offering presents a developer with an affordable land acquisition to build more than 135,000 square feet of apartments or-130 units (0.66 FSR) in a supply constrained growth market on profitable metrics.More details
Listed by Avison Young Commercial Real Estate Services
An exciting development opportunity in the growing seaside community of Ladysmith on Vancouver Island. This 3.68-acre vacant site carries a Multi-Family Residential OCP designation supporting buildings up to 6-storeys and FSR up to 2.2, for a maximum buildable of 352,840 SF, which provides developers exceptional scale and flexibility. Perfectly positioned along the Trans-Canada Highway between Nanaimo and Duncan, the site offers incredible harbour views and benefits from paved roads, curbing, and utilities already in place from the adjacent single-family subdivision. There are strong market dynamics with Ladysmith drawing steady migration from higher-cost urban markets as residents seek attainable housing and a lifestyle-oriented setting. The town recorded 5.3% population growth between 2016 and 2021, and ongoing subdivision activity confirms the neighbourhood's continued development trajectory.More details
Listed by Paradigm Group Commercial Real Estate Services
Colliers is pleased to present the opportunity to acquire 6084 & 6088 Metral Drive, Nanaimo, B.C. (collectively, the “Property”), a zoned 1.61-acre multifamily development site located in one of Nanaimo’s most active growth corridors. Strategically positioned along Metral Drive, the Property benefits from excellent visibility, a strong arterial connection to
the Nanaimo Parkway and Island Highway, and proximity to major commercial and retail hubs. With Residential Corridor
One (COR1) zoning in place, the Property has conceptual plans for a six-storey, 118-unit multifamily development with
underground parking, offering developers immediate scale and entitlement certainty.
Nanaimo continues to experience robust population and employment growth, with demand for purpose-built rental
housing significantly outpacing supply. This opportunity aligns with the City of Nanaimo’s long-term planning objectives,
encouraging higher-density housing along transit-supported corridors.More details
Listed by Colliers and Colliers International (Nan)
This exceptional 1.92-acre ocean-view property is one of the last significant undeveloped parcels in Nanaimo’s highly sought-after Brechin Hill neighbourhood — a rare opportunity in one of the city’s most desirable coastal communities. Ideally positioned near downtown Nanaimo, Departure Bay ferry and seaplane terminals, marinas, waterfront parks, local shops and restaurants, the property captures sweeping ocean views of Departure Bay, Newcastle Island, Newcastle Channel, and Nanaimo Harbour. The gently sloping topography may support a range of future development possibilities, subject to City of Nanaimo approvals. Preliminary architectural concepts, engineering information, geotechnical and environmental studies, and additional technical reports are available to qualified buyers upon execution of a Confidentiality Agreement. Buyers should complete independent due diligence regarding development potential and future use. Large ocean-view development sites in this location are rare todayMore details
