2935 Sprott Rd, Duncan, BC

$9,500,000

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36,277

Square feet

2.36

Acres

About 2935 Sprott Rd

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.

Features of 2935 Sprott Rd

MLS® # 976972
Price $9,500,000
Bathrooms 0.00
Square Footage 36,277
Acres 2.36
Type Commercial Sale
Sub-Type Warehouse
Status Active

Community Information

Address 2935 Sprott Rd
Area Du East Duncan
City Duncan
County North Cowichan, Municipality of
Province BC
Postal Code V9L 6B5

Amenities

Utilities Electricity To Lot
View Mountain(s), Valley
Is Waterfront No
Has Pool No

Interior

Heating Mixed
Fireplace No

Exterior

Exterior Features Fenced, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront
Foundation Slab

Additional Information

Date Listed October 1st, 2024
Days on Market 10
Zoning C3 - Commercial Service

Listing Details

OfficeColdwell Banker Oceanside Real Estate

Listing Map

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.