2236 Mcgarrigle Rd - Industrial LAND FOR SALE


Nanaimo, BC V9S 4M6 43,560 SF
$1,920,000 CAD
2236 Mcgarrigle Rd, Nanaimo, BC for Sale
$1,920,000 CAD
Industrial LAND - FOR SALE
1/5
43,560 SF

2236 Mcgarrigle Rd
Nanaimo, BC V9S 4M6


HIGHLIGHTS

  • Sale-leaseback opportunity with a long-standing, established tenant.
  • 1-acre I-2 zoned lot with dual frontage — McGarrigle & Northfield Rd.
  • Multiple income streams — primary lease plus rear yard parking tenants.
  • For confidentiality and further information, please contact via email.

OVERVIEW

2236 McGarrigle Road presents a rare sale-leaseback investment opportunity in Nanaimo, BC, offering stable income, long-term flexibility, and future redevelopment potential. The property consists of a single 1.0-acre legal parcel zoned I-2 (Light Industrial), featuring valuable dual frontage along McGarrigle Road and Northfield Road with excellent connectivity to Highway 19A and the Nanaimo Parkway. The property has operated continuously as a dry-cleaning business since the 1960s, with the current owner occupying the site since 2005. The vendor is prepared to execute a 5-year Triple Net (NNN) leaseback at closing, with lease terms negotiable, providing investors with immediate cash flow supported by a long-established and proven business operation. Acquisition of the operating business in conjunction with the real estate is also available and open to negotiation. For confidentiality and further information, please contact via email.

FOR SALE DETAILS

PRICE

$1,920,000 CAD

PRICE/ACRE

$1,920,000/AC

PRICE/SF

$44 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

-

LAND ACRES

1 AC

LAND SF

43,560 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Telephone

ZONING

I-2 (Light Industrial)

APN/PARCEL ID

002745933

ASK ABOUT THIS PROPERTY

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