2935 Sprott Rd, Duncan, BC V9L 6B5
- $9,500,000
Courtesy of Coldwell Banker Oceanside Real Estate
- List Price
- $9,500,000
- Status
- ACTIVE
- MLS®
- 976972
- Property Type
- Commercial
- Acres
- 2.36
- Lot Size
- 102,802
- District
- Duncan
- Neighbourhood
- Du East Duncan
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.
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Additional Information
- Lot Features
- Central Location, Cleared, Corner Lot, Easy Access, Serviced, Shopping Nearby
- Heating
- Mixed
- Exterior Features
- Fenced, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront
- Parking Type
- On Site
- Taxes
- $56,090
- Rentals Allowed
- Unrestricted
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