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Nanaimo 1.7-acre industrial sells off-market for $5.15 million

Boban Drive site includes 27,500 square feet in two buildings with five tenants, seen as an investment play
4301-4311 Boban Drive, Nanaimo, B.C.

Property type: Industrial

Location: 4301-4311 Boban Drive, Nanaimo, B.C.

Number of units: 5

Building size: 27,500 square feet

Land size: 77,323 square feet

Land size in acres: 1.78 acres

Zoning: I2 (industrial)

Sale price: $5.15 million

Buyer: Carmargue Properties

Brokerage: Colliers International, Nanaimo (representing the buyer)

Broker: Brad Bailey