Active
2935 Sprott Rd
Duncan BC, V9L 6B5
$9,475,000
$261.18 per sqft
Active
36,277 sqft
Commercial
Prime Income Property with diverse tenancies near the new Regional Hospital/ West Vista Terrace Site/ Bell McKinnon Development Area. Located at the corner of Trans CDA 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 approx. and should be verified by the Buyer. Please refrain from contacting tenants or owners - viewings by appointment. Sale is for the land and buildings only - operating businesses not included.
976972
MLSⓇ ID
October 1, 2024
Listed
November 25, 2024
Updated
Map
2935 Sprott Rd
Duncan BC, V9L 6B5
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Mixed
Exterior/Building Features
Lot Size
2.36 Acres
Exterior Features
Fenced, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront
Lot Features
Central Location, Cleared, Corner Lot, Easy Access, Serviced, Shopping Nearby
Sewer
Septic System
Other Property Details
Area Name
Duncan
Taxes
$56,090
Tax Frequency
Annually
Days on Market
55
Garage
No
Parking
On Site
View
Yes
View Description
Mountain(s), Valley
County
North Cowichan, Municipality of
Water Source
Municipal
Pool
No
Zoning
C3, includes C2 uses
Listing History
Date | Event | Price |
|---|---|---|
11/25/2024 | Price change | $9,475,000 -1% |
Courtesy of Coldwell Banker Oceanside Real Estate, John Morris
Listing Contact: 250-710-0765
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