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 |
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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 |
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Area | Du East Duncan |
City | Duncan |
County | North Cowichan, Municipality of |
Province | BC |
Postal Code | V9L 6B5 |
Amenities
Utilities | Electricity To Lot |
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View | Mountain(s), Valley |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Mixed |
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Fireplace | No |
Exterior
Exterior Features | Fenced, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront |
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Foundation | Slab |
Additional Information
Date Listed | October 1st, 2024 |
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Days on Market | 10 |
Zoning | C3 - Commercial Service |
Listing Details
Office | Coldwell Banker Oceanside Real Estate |
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