$9,500,000 FOR SALE

Industrial

2935 Sprott Rd
Duncan, BC V9L 6B5 | East Duncan

Prime Income Property with diverse tenancies near the new Regional Hospital /Bell McKinnon Development Area. Located at the corner of Trans Canada HWY and Sprott Road, offering high visibility and easy access. The area is undergoing significant redevelopment, with the hospital under construction and municipal serving underway to support the future growth of the surrounding area. Income streams include Mini Storage, Warehousing, Industrial / Service Commercial tenancies, and a residential occupancy. Listed with an approximate 6.15% cap rate supported by a January 2024 Cunningham and Rivard appraisal of the property. Vendor, in their sole discretion, is willing to provide financing options with mutually agreeable terms and conditions to qualified Buyers. All sizes are approximate and should be verified by the Buyer if important. Please refrain from contacting tenants or owners - viewings by appointment only. Sale is for the land and buildings only - operating businesses not included. (id:47423)

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Listed By Coldwell Banker Oceanside Real Estate
Data Provided By Victoria Real Estate Board
MLS® Listing Number 976972
Last Updated Oct 02, 2024
Property Summary
Property Type Industrial

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Neighbourhood East Duncan
Price History
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Detailed Information
Features Central location, Corner Site, Partially cleared, Other
Listing Contract Date 2024-10-01
Municipal ID 000-069-841
Ownership Type Freehold
Property Type Industrial
Transaction Type For sale
Views Mountain view, Valley view
Zoning Description C3 - Commercial Service
Zoning Unknown
Building
Heating Fuel Other
Type Warehouse
Land
Total Size 2.36 acres
Access Type Road access
Acreage Yes
Size of Irregular Land 2.36
External Links

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