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$ 9,475,000
Est. payment | /mo
36,277 SqFt
$ 9,475,000
Est. payment | /mo
36,277 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 36,277 sqft
Price per Sqft $261
Subdivision East Duncan
MLS® Listing ID 976972
Originating Board Victoria Real Estate Board
Lot Size 2.360 Acres
Acres 102801.6
Property Description
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. (id:24570)
Location
Province BC
Zoning Unknown
Exterior
Parking Features No
View Y/N Yes
View Mountain view, Valley view
Private Pool No
Others
Ownership Freehold
Listed by Coldwell Banker Oceanside Real Estate