2630 Labieux Rd, Nanaimo BC V9T 3N1

$1,398,800 · For Sale

Commercial Sale

2630 Labieux Road presents an institutional investment opportunity on a 21,205 SF site in Nanaimo, BC. The property features a 10,316 SF, two-storey building currently configured as a 19-bed community-based treatment and recovery facility, with specialized improvements and infrastructure well suited to treatment, supportive housing and other community-serving uses. Zoned CS1 (Community Service One), the property benefits from approximately 149 feet of Labieux Road frontage, a level site, municipal servicing and established institutional improvements. The property also offers long-term upside, with the accompanying appraisal identifying potential for residential redevelopment through R6 Townhouse Residential or R7 Row House Residential zoning, subject to rezoning and applicable municipal approvals. The combination of an existing specialized facility, income-producing potential and underlying redevelopment opportunity creates multiple strategies for both owner-users and investors.

Property details

Property type
Commercial Sale
Lot size
21205

Photographs

2630 Labieux Rd, Nanaimo — photograph 12630 Labieux Rd, Nanaimo — photograph 22630 Labieux Rd, Nanaimo — photograph 32630 Labieux Rd, Nanaimo — photograph 42630 Labieux Rd, Nanaimo — photograph 52630 Labieux Rd, Nanaimo — photograph 62630 Labieux Rd, Nanaimo — photograph 72630 Labieux Rd, Nanaimo — photograph 8