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$2,755,200

10750 South Watts Rd, Ladysmith, BC, V9G 1X5

MLS® # 980644

Property Information:

FOR SALE: 2.296-acres of industrial land adjacent to Highway 1, offers the option to capitalize on an existing Development Permit for a 33,498 SF warehouse. Location highlights include: 20-minutedrive time to the Duke Point ferry terminal and port facility; 20-minute drive time to downtown Nanaimo; 10-minute drive time to the Nanaimo Airport. Property highlights include: Pending zoning amendment, allowing a lot coverage of 0.47% vs. 0.30% - more density; Adjacent to Highway 1,-aning exposure and immediate access; Relatively level lot topography; 1-2 Industrial zoning, providing a broad range of industrial uses. And development permit highlights: one building totaling 33,498 SF, split into two units consisting of predominately warehouse with dock and grade loading, and then covered storage, and second floor office

Property Features:

  • Annual Tax Amount: $18,787
  • Building Features: Visual Exposure
  • Lot Features: Cleared, Sloped
  • Lot Frontage: 100188 Square Feet
  • Lot Size: 2.30 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Industrial
  • Zoning: I-2
  • No. of Parking Spaces: 0

Courtesy of: Colliers International (Nan), Marcus & Millichap

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.

Location of 10750 South Watts Rd, Ladysmith, BC, V9G 1X5

Demographic Information of 10750 South Watts Rd, Ladysmith, BC, V9G 1X5

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$104,365.97

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.24 %

High school certificate or equivalent

30.44 %

Apprenticeship trade certificate/diploma

13.65 %

College/non-university certificate

22.98 %

University certificate (below bachelor)

1.04 %

University Degree

15.65 %

Commuter

Travel To Work

By Car

92.07 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

7.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.76 %

Houses

98.24 %

Own Vs. Rent