Vacant Land

10844 Westdowne Rd

Ladysmith, BC

MLS® 1040678 · 84 days on market

$2,350,000

3.7 acres

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Description

Prime commercial development opportunity just south of Ladysmith, offering exceptional highway exposure and direct access both north and south. Positioned perfectly between Nanaimo and Victoria, this 3.74 acre property is an ideal hub for Central Island business. The heavy lifting is done: 1.25 acres are already leveled with structural fill and ready for immediate construction. Infrastructure is well underway with water connected, a temporary power pole active, and a robust septic system engineered to support 20+ people alongside a designated caretaker suite. The versatile I-1 (Live/Work/Light Industrial) zoning opens the door to numerous high value applications. Bring your plans for a warehouse hub, mini storage facility, gas station, light manufacturing, boat sales, a garden center, or a restaurant. A rare, turnkey development site in a high growth corridor. (id:63159)

Property Details

Property & Lot

Lot size
3.7 acres
Zoning
Unknown — I-1
Title
Freehold

Exterior & Land

Lot features
Level lot, Partially cleared

Building & Utilities

Parcel ID (PID)
029-726-603
Annual property tax
$26,851.95
Brokerage
Royal LePage Island Living (PK)

Location Insights

Population

8,990

(2021 Census)

+5.3% since 2016

Density
746.7/km²
Dwellings
4,079
Median household income
$81,000
After-tax
$72,500
Immigrant population
12.7%

Top countries of origin

  • United Kingdom4.9% · 440
  • United States of America1.3% · 120
  • Germany0.7% · 65
  • Netherlands0.5% · 45
  • Poland0.3% · 25
  • South Africa, Republic of0.3% · 25
  • India0.3% · 25
  • Mexico0.2% · 20

Source: Statistics Canada, 2021 Census of Population.

Weather

Nearest station: Nanaimo

Mostly Cloudy

23°C

Mostly Cloudy

Humidity 54%

Wind N 5 km/h

Today

24°

Tonight

14°

Thursday

22°

Thursday night

11°

Friday

16°

Friday night

12°

Source: Environment and Climate Change Canada.

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