36,277 ft²Industrial$9,500,000Sale
36,277 ft²
Industrial
$9,500,000
Sale
John Morris
Coldwell Banker Oceanside Real Estate
Download Brochures
Brochure 1, TITLE-CA3574410-PID-000-069-841.pdf, Bell McKinnon LAP-compressed.pdf, C3 (Commercial Service) Zoning Bylaw.pdf, 2935 Sprott Rd. - CB Agency Disclosure, Confidentiality & NDA for unrepresented parties(2).pdf, CBC - Brochure (P), 2935 Sprott Rd. - Realtor Copy - CB Agency Disclosure, Confidentiality & NDA .pdf
Prime Income Property with diverse tenancies near the new Regional Hospital / 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.
- 2.36 acres
- Zoned C3 - Commercial Service
- Diversified Cash Flow
- Strategically Located
- High Growth Area
The Space
Asking Price$9,500,000
Available Space36,277 ft²
SourceBuildout
The Building - Prime Income Property
The subject property is located on the northeast corner of Sprott Road and the Trans Canada Highway, approximately 5 km north of the City of Duncan within the District of North Cowichan.
Property TypeIndustrial
Building Size36,277 ft²
Lot Size2.36 AC
ZoningC3 - Commercial Service
Additional Listings at2935 Sprott Road, Duncan, BC
Up to $500K for British Columbia businesses
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