- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 976972
- Photos (39)
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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.
- Property Type:
- Commercial Sale
- Type:
- Warehouse
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Du East Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 2.36 acre(s)
- Taxes:
- Signup
- Building Features:
- High Traffic Area, Parking
- Foundation:
- Slab
- Electricity:
- Yes
- Ceiling Heights:
- Signup
- Total Building Area:
- 36,277 sq. ft.
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Septic System
- Heating:
- Mixed
- Fireplace:
- No
- Pending Date:
- Signup
- See Remarks
- Fenced, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront
- Mountain(s), Valley
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
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- Gross Income:
- Signup
- Net Operating Income:
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- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- District of North Cowichan
- Legal Description:
- Signup
- Zoning:
- C3, includes C2 uses
- Utilities:
- Electricity Connected
- Lot Site Features:
- Central Location, Cleared, Corner Lot, Easy Access, Serviced, Shopping Nearby
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Oct 01, 2024
- Original Price:
- 9500000.0
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Virtual Tour
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated December 27, 2024 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $3,000,000
- Min list price:
- $175,000
- Max list price:
- $9,475,000
- Avg days on market:
- 100
- Min days on market:
- 18
- Max days on market:
- 548
These statistics are generated based on the current listing's property type
and located in
Du East Duncan. Average values are
derived using median calculations.
- SARAH VIDALIN
- COLDWELL BANKER OCEANSIDE
- 1 (778) 6766768
- Contact by Email
Location
3194 Douglas Street
Victoria, BC, V8Z 3K6