2935 Sprott Rd

Warehouse For Sale in Du East Duncan, Duncan

$9,475,000
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.
Address 2935 Sprott Rd
List Price $9,475,000
Property Type Commercial Sale
Type of Dwelling Warehouse
Area Duncan
Sub-Area Du East Duncan
Lot Size 102802 Sq. Ft.
Lot Size Acres 2.36 Ac.
MLS® Number 976972
Listing Brokerage Coldwell Banker Oceanside Real Estate
Postal Code V9L 6B5
Tax Amount $56,090
Tax Year 2022
Features Mixed
Amenities Central Location, Cleared, Corner Lot, Easy Access, Fenced, Lighting, Low Maintenance Yard, Serviced, Shopping Nearby, Sign: Allowed, Storefront

Request More Info or a Showing

Alex Penner

460 Realty

202-1551 Estevan Road Nanaimo BC V9S 3Y3

Office: 250-802-0203

Toll Free: 855-278-5924

Email Directly