Prime Income Property with diverse tenancies near the new Regional Hospital/ West Vista Terrace Site/ Bell McKinnon Development Area. Located at the corner of Trans CDA 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 approx. and should be verified by the Buyer. Please refrain from contacting tenants or owners – viewings by appointment. Sale is for the land and buildings only – operating businesses not included. (id:24212)
- Full Address:
- 2935 Sprott Road, Duncan, British Columbia
- Price:
- $ 9,475,000
- MLS Number:
- 976972
- List Date:
- October 1st, 2024
- Neighbourhood:
- East Duncan
- Lot Size:
- 2.36 ac
- Taxes:
- $ 56,090
- Ownership Type:
- Freehold
Property Specifications
- Heating:
- Other
Interior Features
- Zoning:
- Unknown
Building Features
- Finished Area:
- 36277 sq.ft.
Floors
- View:
- Mountain view, Valley view
- Lot Size:
- 2.36 ac
- Lot Features:
- Central location, Corner Site, Partially cleared, Other
Land
Neighbourhood Features
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Agent: John MorrisBrokerage: Coldwell Banker Oceanside Real Estate
Phone: 250-710-0765
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