2095 Trans Canada Highway

Offered at: $6,999,000

MLS®: 10397465

PRICE REDUCED $2,000,000. 503-unit self-storage facility on 2.08 acres of freehold land with direct Trans-Canada Highway frontage. 45,546 sq ft rentable across single-storey drive-up buildings, with on-site office and manager's residence, secured RV and vehicle yard, and paved internal drive aisles. 2025 revenue $605,920 against cash operating expenses of $202,972, producing net operating income of $402,948. A 5.76% capitalization rate at the current asking price. Occupancy 86.6% by area as at August 2026. Priced at $153.67 per rentable sq ft and $13,914 per unit. Recent British Columbia self-storage transactions have ranged from approximately $393 to $667 per sq ft, all purpose-built multi-storey product. Value-add: available capacity is concentrated in the small-unit size class, which carries the highest rent per square foot and the widest tenant pool. Building coverage is approximately half the site, offering expansion potential subject to municipal approvals. The property previously operated as a U-Haul dealership and that license can be reinstated by a purchaser. (id:6769)

Quick Stats

Key Home Data

0
BATH(S)
BED(S)
Contact for
SQFT
YES
SHOWING AVAILABLE
Property Type:
Other

Payment Calculator

Calculate your monthly mortgage payment.

Mortgage Amount
$
Amortization
years
Payment Freq.
Interest Rate
%
Calculating...

All About the Details

See specific details below.

Neighbourhood Statistics

Get to know your neighbourhood.

Similar Properties

Other properties you might like.

Search by Keyword:
1

Request a Showing

Have questions about this property?

Contact Mike Shannon
About This Property.


Office: 250.819.3324

Please enter a valid first name and last name, e.g., John Smith.