2630 Labieux Road presents a unique institutional and investment opportunity situated on a 21,205 SF site in Nanaimo,
BC. The property is improved with a 10,316 SF, two-storey building currently configured as a 19-bed addictions treatment
and recovery facility, offering specialized improvements and infrastructure well suited to treatment, supportive housing
and other community-serving uses. The property is zoned CS1 (Community Service One) and benefits from approximately
149 feet of frontage along Labieux Road, a level site, municipal servicing and established institutional improvements. In
addition to the existing use and income stream, the property offers meaningful long-term upside, with the accompanying
appraisal identifying potential for residential redevelopment through R6 Townhouse Residential or R7 Row House
Residential zoning, subject to rezoning and applicable municipal approvals. The combination of an existing specialized
facility, income-producing potential and underlying redevelopment opportunity creates multiple potential strategies for
both owner-users and investors.
Address
2630 Labieux Rd
List Price
$1,398,800
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Lot Size
21205 Sq. Ft.
Lot Size (Acres)
0.48 Ac.
MLS® Number
1052171
Listing Brokerage
William Wright Commercial Real Estate Services
Postal Code
V9T 3N1
Tax Year
2026
