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:4069)
Address
2935 Sprott Rd
List Price
$9,500,000
Property Type
Industrial
Type of Dwelling
Warehouse
Area
British Columbia
Sub-Area
Duncan
Floor Area
36,277 Sq. Ft.
Lot Size
2.36 Sq. Ft.
MLS® Number
976972
Listing Brokerage
Coldwell Banker Oceanside Real Estate
Postal Code
V9L6B5
Zoning
C3, includes C2 uses
Site Influences
View
Features
Central location, Corner Site, Partially cleared, Other
With 15 years of real estate experience, Chris Crump, PREC, is a consistent high performer known for unwavering ethics and exceeding expectations. As a trusted advisor, Chris delivers unparalleled customer service. Chris enjoys skiing, biking, and fishing, reflecting a well-rounded lifestyle resonating with clients. With a commitment to guiding clients toward their real estate goals, Chris stands as a beacon of reliability, setting the standard for exceptional service.