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Kirk Walper

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$ 9,500,000

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Active

2935 Sprott Rd Duncan, BC V9L 6B5

2.36 Acres Lot

UPDATED:

10/02/2024 06:55 PM

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 976972

Rental Info Unrestricted

Annual Tax Amount $56,090

Tax Year 2022

Lot Size 2.360 Acres

Acres 2.36

Property Description

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.

Location

State BC

County North Cowichan, Municipality Of

Area Du East Duncan

Zoning C3 - Commercial Service

Interior

Heating Mixed

Inclusions See Remarks

Exterior

Exterior Feature Fenced, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront

Parking On Site 1

Utilities Available Electricity To Lot

View Y/N Yes

View Mountain(s), Valley

Building

Lot Description Central Location, Cleared, Corner, Easy Access, Serviced, Shopping Nearby

Foundation Slab

Sewer Septic System

Water Municipal

Others

Tax ID 000-069-841

Ownership Freehold

Acceptable Financing See Remarks

Listing Terms See Remarks

Listed by Coldwell Banker Oceanside Real Estate

Kirk Walper

Broker Associate | License ID: 160035

+1(250) 228-4275

Kirk Walper

2935 Sprott Rd Duncan, BC V9L 6B5

Key Details

Location

Interior

Exterior

Building

Others

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2935 Sprott Rd