Diversified industrial investment offering multiple income streams and expansion upside. The property includes a 315-unit self-storage operation (287 lockers, 22 uncovered and 6 covered RV/boat spots) alongside a mix of tenanted industrial buildings and land — currently operating at high occupancy. Appraised by Cunningham & Rivard (August 2026) at a 6.75% cap rate on the stabilized listing price. Sale includes the interest in the existing 99-year land lease, expiring August 31, 2115; assets are located on Cowichan Indian Reserve No. 1. A further 5 acres of industrially zoned land may become available for expansion, subject to final Cowichan Tribes approval and additional consideration. Positioned in the Cowichan Valley just south of Duncan, roughly midway between Victoria and Nanaimo. Note: Proposed transaction must be structured as a Share Sale — contact listing agent for details. Do not approach owners or tenants, and do not access the site without prior approval.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building, Business, Land
Lease Type:
Sale Of Shares
Listing General Location:
Du East Duncan, Duncan
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
9.054 acre(s)3.66 hectare(s)
Total Building Area:
13,920 sq. ft.1,293 m2
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
See Remarks
See Remarks
Fencing: Full, Lighting
Mountain(s), Valley
Main Level
Jurisdiction name:
Cowichan Tribes First Nation
Zoning:
Industrial
Occupancy:
Owner
Parking Features:
On Site
Road Frontage Type:
Street
Business Name:
AB Storage
Business Type:
Industrial, Other
Date Listed:
Aug 14, 2026
Original Price:
8260000.0
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated August 18, 2026 at 04:05 AM (UTC)