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, Service / Office Commercial tenancies, and a residential occupancy. Listed with an attractive cap rate supported by a recent 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 Details
MLS #:
1024284
ID #:
30493788
Type:
Commercial Sale
Sub-Type:
Warehouse
Area:
Duncan
Sub-Area:
Du East Duncan
Status:
Active
Lot Size:
2.36 acres
Property Tax:
$74,149 (2025)
Days on Market:
47 days
Listing provided by Coldwell Banker Oceanside Real Estate
Canadian Mortgage Calculator
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After 5 Year Term:
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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