2935 Sprott Rd, Duncan, BC V9L 6B5 - MLS#976972

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Mark Koch PREC*

mark@markkoch.ca +1(250) 714-6959

$9,500,000

Est. payment - /mo

2.36 Acres Lot

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UPDATED:

11/22/2024 09:35 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/ 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.

Location

Province BC

County North Cowichan, Municipality Of

Area Duncan

Zoning C3, includes C2 uses

Interior

Heating Mixed

Inclusions See Remarks

Heat Source Mixed

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

Pets Allowed Yes

Tax ID 000-069-841

Ownership Freehold

Acceptable Financing See Remarks

Listing Terms See Remarks

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Listed by Coldwell Banker Oceanside Real Estate

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Mark Koch PREC*

+1(250) 714-6959

Agent | License ID: 146841

Agent License ID: 146841

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