1139 Franklin's Gull Rd - Warehouse FOR SALE


Parksville, BC V9P 1W3
$4,500,000 CAD
604-714-5526

NO PHOTO

$4,500,000 CAD
Warehouse - FOR SALE
null | Request Cap Rate

1139 Franklin's Gull Rd
Parksville, BC V9P 1W3


HIGHLIGHTS

  • Prime frontage on Franklin’s Gull Road and Industrial Way
  • 26-foot workshop ceilings with multiple cranes installed
  • Advanced utilities: radiant heating, backup generator, 600V power
  • Fully sprinklered with modern office and shop spaces
  • Fenced yard with heavy-duty storage racks and ample parking

OVERVIEW

Positioned in the heart of Parksville’s thriving industrial hub, 1139 Franklin’s Gull Road offers a rare opportunity for owner-users or investors seeking a modern, high-functionality asset in a supply-constrained market. This 1.107-acre property features a 13,377 sq ft light industrial building designed for versatility, accommodating operations from light manufacturing and assembly to warehousing and logistics. Built in 2010, the facility boasts a robust infrastructure including three-phase 600-amp electrical service, in-floor radiant heating powered by recycled oil, and a natural gas backup generator, ensuring operational efficiency and sustainability. The workshop’s impressive 26-foot ceiling height, complemented by 10-tonne, 2-tonne, and 1-tonne cranes, supports heavy-duty industrial applications. Fully sprinklered and equipped with modern office space, machine shop, and welding areas, the property is turnkey for immediate use. Ample paved parking and a fenced yard with industrial storage racks enhance functionality, while zoning flexibility allows for diverse business models. Strategically located with dual frontage on Franklin’s Gull Road and Industrial Way, the site offers seamless connectivity to Island Highway, facilitating regional access to Nanaimo, Courtenay, and Victoria. With industrial vacancy rates at historic lows and property values trending upward, this asset represents a secure investment in Vancouver Island’s growing economy.

FOR SALE DETAILS

PRICE

$4,500,000 CAD

PRICE/SF

$336 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2010

UTILITIES

-

CLEAR CEILING HT

26 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1

LAND SF

47,916

ZONING

I-1

APN/PARCEL ID

028-637-984

ASK ABOUT THIS PROPERTY

Nick GouletMacdonald CommercialMore Info
604-714-5526

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Nick GouletMacdonald CommercialMore Info
604-714-5526

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.