2935 Sprott Rd , Duncan, BC V9L6B5
Duncan, BC V9L6B5
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. (id:13843)
Details
| MLS# | 976972 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 199 |
| Listing Provided By | Coldwell Banker Oceanside Real Estate | John Morris |
Features
| SQ Feet | 36,277 |
|---|---|
| Zoning | Unknown |
| Acreage | 2.36 |
| Property View | Mountain view, Valley view |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Duncan |
| Postal Code | V9L6B5 |
| Listing VS Median (In V9L6B5) | |
Price: $9,475,000 low | high Med: $5,000 SqFt: 36,277 low | high Med: 2,200 $ / SqFt: $261 low | high Med: $2 On site: 199 low | high Med: 193.000000 | |