2935 Sprott Rd For Sale

duncan, British Columbia V9L6B5
$ 9,500,000
$ 262 / Sq. Ft.
  • ©MLS 976972
  • Area 36277 sq ft

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:48970) Show More

Details

  • Property Type: Industrial
  • Type: Warehouse
  • Access Type: Road access
  • Neighbourhood: East Duncan

Features

  • Central location
  • Corner Site
  • Partially cleared
  • Mountain view
  • Valley view

Location

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