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2236 Mcgarrigle Rd 1 Acre of Industrial Land Offered at $1,381,394 USD in Nanaimo, BC V9S 4M6
Investment Highlights
- Sale-leaseback opportunity with a long-standing, established tenant.
- Multiple income streams — primary lease plus rear yard parking tenants.
- 1-acre I-2 zoned lot with dual frontage — McGarrigle & Northfield Rd.
- For confidentiality and further information, please contact via email.
Executive Summary
For confidentiality and further information, please contact via email.
Property Facts
| Price | $1,381,394 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| Sale Condition | Sale Leaseback | Total Lot Size | 1.00 AC |
| No. Lots | 1 | ||
| Zoning | I-2 (Light Industrial) - Zoned I-2 under City of Nanaimo Bylaw No. 4500 Permits enclosed industrial use with accessory outdoor storage, parking, and loading. | ||
| Price | $1,381,394 USD |
| Sale Type | Investment |
| Sale Condition | Sale Leaseback |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 1.00 AC |
| Zoning | I-2 (Light Industrial) - Zoned I-2 under City of Nanaimo Bylaw No. 4500 Permits enclosed industrial use with accessory outdoor storage, parking, and loading. |
1 Lot Available
Lot
| Price | $1,381,394 USD | Lot Size | 1.00 AC |
| Price Per AC | $1,381,394.38 USD |
| Price | $1,381,394 USD |
| Price Per AC | $1,381,394.38 USD |
| Lot Size | 1.00 AC |
1-acre parcel, single title, zoned I-2 (Light Industrial), dual frontage on McGarrigle & Northfield Rd with access to Hwy 19A & Nanaimo Parkway. Paved front yard parking; fenced, graded rear yard used as tenant parking.
Description
2236 McGarrigle Road is a 3,000 SF freestanding concrete block industrial building situated on a 1-acre lot in Nanaimo, BC. The building features 12' ceiling clearance, a 276 SF rear carport, a new roof installed in August 2025, and is serviced with electricity, plumbing, and hot water — offering functional flexibility for a range of light industrial or service-based uses. The site benefits from dual road frontage on McGarrigle Road and Northfield Road, providing direct access to Highway 19A and the Nanaimo Parkway. A 1,186 SF paved front yard offers dedicated parking, while a fenced and graded rear yard is currently leased as parking to two additional tenants, generating supplementary income. The property is zoned I-2 (Light Industrial) under City of Nanaimo Zoning Bylaw No. 4500, supporting continued industrial or service use. The site has been home to an established dry cleaning business since the 1960s, offering a purchaser a long operating history at this location under a proposed leaseback arrangement.
Presented by
Pressed For Time
2236 Mcgarrigle Rd
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