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.
Central Location, Cleared, Corner Lot, Easy Access, Serviced, Shopping Nearby
Parking Features:
On Site
Road Surface Type:
Paved
Date Listed:
Oct 01, 2024
Original Price:
9500000.0
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
976972
Area Statistics
Listings on market:
12
Avg list price:
$2,944,000
Min list price:
$138,000
Max list price:
$9,475,000
Avg days on market:
103
Min days on market:
4
Max days on market:
539
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.
Data was last updated January 23, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$2,944,000
Min list price:
$138,000
Max list price:
$9,475,000
Avg days on market:
103
Min days on market:
4
Max days on market:
539
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.