Description
Prime investment opportunity in Errington, BC, offered significantly below its assessed value and replacement cost. Set on 20+ acres of level, fertile land, the property features 38,500+ sq ft of improvements, including a 26,000 sq ft state of the art cannabis production facility constructed in 2018/2019 with production and processing licenses in place. An additional 8,810 sq ft warehouse is rented to an agricultural grower, providing holding income, with two residential suites offering further rental potential. Zoning CD 16 allows a wide range of uses including farm, dwelling, retail, restaurant, and farm business. Ideally located 8 minutes to Parksville, 36 minutes to Departure Bay ferry terminal, and 43 minutes to Nanaimo Airport. Highway frontage near the popular Coombs Market offers excellent exposure and future producer retail store potential. Licensed facilities of this scale rarely come to market, offering substantial long term upside.
Address
Open on Google Maps- Address 2116 Alberni Hwy
- City Errington
- Postal Code V0R 1M0
Details
Updated on February 6, 2026 at 11:48 am- Property ID: 1024726
- Price: $5,999,900
- Property Size: 38591 Sqft
- Garage Size: x x
- Property Type: Commercial Sale
- Property Status: Active
- MLS#: 1024726
Additional details
- Listing Terms: Must Be Paid Off
- Utilities: Electricity To Lot
- Sewer: Septic System
- Cooling: HVAC
- Heating: Baseboard,Electric,Heat Pump
- Flooring: Mixed
- County: Nanaimo Regional District
- Property Type: Commercial Sale
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