About 10862 Chemainus Rd 1
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.
Features of 10862 Chemainus Rd 1
| MLS® # | 1042470 |
|---|---|
| Price | $3,690,000 |
| Acres | 1.30 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 10862 Chemainus Rd 1 |
|---|---|
| Area | Du Chemainus |
| City | Chemainus |
| County | Cowichan Valley Regional District |
| Province | BC |
| Postal Code | V9G 2A4 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 1 |
Exterior
| Exterior Features | Fencing: Full, Lighting |
|---|---|
| Construction | Aluminum Siding, Concrete |
Additional Information
| Date Listed | July 7th, 2026 |
|---|---|
| Days on Market | 65 |
Listing Details
| Office | eXp Realty (DU) |
|---|