Prime storage/warehousing property in a core development zone poised for significant population growth. Income is primarily generated through interior and exterior storage, with additional structures leased to construction firms and other local businesses. Current tenancies offer an attractive income stream with a competitive cap rate. Ample bare land available for additional revenue opportunities or expanding the existing storage business. The area is undergoing major redevelopment, with a new regional hospital under construction just 900 meters from the site and municipal services in progress to support future growth. The proposed West Vista Terrace, featuring 700 residential units and commercial CRUs, is located just 400 meters away. Vendor willing to provide financing to qualified buyers. All sizes are approximate and should be verified by the buyer. Viewings by appointment only; please refrain from contacting tenants or owners. Zoned C3 – includes C2 uses. (id:24212)
- Full Address:
- 7030 Bell McKinnon Road, Duncan, British Columbia
- Price:
- $ 8,500,000
- MLS Number:
- 982849
- List Date:
- December 9th, 2024
- Neighbourhood:
- East Duncan
- Lot Size:
- 7.21 ac
- Taxes:
- $ 35,916
- Ownership Type:
- Freehold
Property Specifications
Interior Features
- Zoning:
- Unknown
Building Features
- Finished Area:
- 33696 sq.ft.
Floors
- Lot Size:
- 7.21 ac
Land
Neighbourhood Features
Ratings
Commercial Info
Location
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Agent: John MorrisBrokerage: Coldwell Banker Oceanside Real Estate
Phone: 250-710-0765
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