2935 Sprott Rd Active

Duncan,BC V9L6B5

$ 9500000

- Bed

- Bath

36277 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 36,277 sqft

Price per Sqft $261

Subdivision East Duncan

MLS Listing ID 976972

Originating Board Victoria Real Estate Board

Lot Size 2.360 Acres

Acres 102801.6

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. (id:24570)

Location

Province BC

Zoning Unknown

Exterior

Garage No

Waterfront No

View Y/N Yes

View Mountain view,Valley view

Private Pool No

Others

Ownership Freehold

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