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. (id:46227)
MLS® Number | 976972 |
Property Type | Industrial |
Neigbourhood | East Duncan |
Features | Central Location, Corner Site, Partially Cleared, Other |
View Type | Mountain View, Valley View |
Heating Fuel | Other |
Size Interior | 36277 Sqft |
Type | Warehouse |
Access Type | Road Access |
Acreage | Yes |
Size Irregular | 2.36 |
Size Total | 2.36 Ac |
Size Total Text | 2.36 Ac |
Zoning Description | C3, Includes C2 Uses |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27486673/2935-sprott-rd-duncan-east-duncan
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