2465/2550 Quennell Rd

$4,495,000 |   MLS® Number  1004409

Commercial property for sale in Nanaimo, Cedar, 2465/2550 Quennell Rd, 1004409 | Realtylink.org

Commercial property for sale

Year Built
1968
Floor Area
28,262 sqft
Lot Size
2,911,550 sqft
Gross Property Tax
$37,206 /year
Amenities
Security System, Other Improvements, Fencing: Full, Garden, Lighting, Security System, Sign: Allowed, Sign: Pylon, Fire Alarm, Fire Sprinklers, Handicap Facilities, Parking, Security System, Visual Exposure, Workshop
View
Lake
Additional Features
Acreage, Easy Access, Level, Private, Quiet Area, Rural Setting, Walk on Waterfront, In Wooded Area

A unique and expansive land offering totaling approximately 66.84 acres across two contiguous parcels on the tranquil shores of Quennell Lake. This rare opportunity includes 2550 Quennell Road, a 41.49-acre property improved with multiple commercial structures, including a 3,272 SF converted residence currently leased to health, wellness, and lifestyle operators. Also included is the 25.36-acre parcel at 2465 Quennell Road, currently held under a long-term lease with a nominal purchase option and to be conveyed as fee simple. In accordance with BC Agricultural Land Commission (ALC) regulations, the buyer will be responsible for amalgamating the two parcels into a single title post-closing. Zoned AG1 and located within the Regional District of Nanaimo, the property supports a broad range of agricultural and tourism-based uses. Improvements include barns, two tunnel greenhouses totaling 6,200 SF, a modular cannabis-grade production facility (4,032 SF), post-harvest infrastructure, and drainage and irrigation systems supporting approximately 24 acres of field and greenhouse cultivation. A licensed water source, septic system, and utility access support further flexibility for future use. With over 2,250 feet of road frontage and an idyllic lakeside setting, the property is ideal for those seeking a mix of revenue, agricultural productivity, and potential lifestyle or eco-retreat development. Access is easy via Quennell Road and major arterial routes, with ferry terminals and air access to Vancouver just 20 minutes north in Nanaimo. Whether for investment, expansion of an agricultural enterprise, or a multi-use retreat concept, this property offers scale, infrastructure, natural beauty, and long-term potential on Vancouver Island