Mixed Use Properties for Sale on Mid-Island Vancouver Island

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#1 10862 Chemainus Rd
Du Chemainus Chemainus V9G 2A4

$3,690,000
Commercial Sale

Main Photo: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 1: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 2: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 3: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 4: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 5: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 6: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 7: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 8: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 9: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 10: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 11: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 12: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 13: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 14: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 15: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 16: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 17: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 18: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 19: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 20: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 21: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Photo 22: #1 10862 Chemainus Rd in Chemainus: Du Chemainus Mixed Use for sale (Duncan)  : MLS®# 1042470
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
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.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du Chemainus, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.3 acre(s)
Taxes:
Construction:
Aluminum Siding, Concrete
Number of Storeys:
1
Ceiling Heights:
Total Building Area:
0 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Fencing: Full, Lighting
Main Level
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:
Duncan Rural (765)
Legal Description:
Units in Building:
Units in Community:
Lot Site Features:
Easy Access, Level
Parking Features:
On Site
Road Frontage Type:
Street
Road Surface Type:
Unimproved
Business Name:
Saltair Self Storage
Total Units:
Date Listed:
Jul 07, 2026
Original Price:
3690000.0
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Listed by eXp Realty (DU)
Data was last updated August 3, 2026 at 02:05 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.