#1- 10862 Chemainus Rd is a Mixed Use listed at $3,690,000 in Chemainus, Chemainus. 33 days on market. Listed by eXp Realty (DU). MLS® 1042470.
$3,690,000 · Mixed Use · MLS® 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.
Chemainus real estate & homes for sale Find homes for sale in Chemainus, a seaside community famous for its murals and welcoming atmosphere. Chemainus real estate includes ocean-view homes, condos, and character properties that capture the cha...