2.36 ACIndustrial$9,500,000Sale
2.36 AC
Industrial
$9,500,000
Sale
John Morris
Coldwell Banker Oceanside Real Estate
The Space
Asking Price$9,500,000
Available Space2.36 AC
MLS® ID976972
ZoningC3, includes C2 uses
SourceVictoria Real Estate Board
High Traffic Area
Parking
Central Location
Cleared
Corner Lot
Easy Access
Serviced
Shopping Nearby
The Building
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.
Property TypeIndustrial
Building Size36,277 ft²
Lot Size2.36 AC
MLS® ID976972
ZoningC3, includes C2 uses
High Traffic Area
Parking
Central Location
Cleared
Corner Lot
Easy Access
Serviced
Shopping Nearby
NOTE: 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.
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