36,277 ft²Industrial$9,475,000Sale
36,277 ft²
Industrial
$9,475,000
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. - Realtor Copy - CB Agency Disclosure, Confidentiality & NDA .pdf, CBC - Brochure (P), 2935 Sprott Rd. - CB Agency Disclosure, Confidentiality & NDA for unrepresented parties(2).pdf, PRESS RELEASE West Vista Terrace project gets green light from North Cowichan.pdf
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.
- 2.36 acres
- Zoned C3 - Commercial Service
- Diversified Cash Flow
- Strategically Located
- High Growth Area
- West Vista Terrace Project Approved - 700 homes plus hotel within a few 100 meters of property
The Space
Asking Price$9,475,000
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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