LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
Image 2
Image 3
$9,475,000

2935 Sprott Rd, Duncan, BC, V9L 6B5

MLS® # 976972

36277 FEETSQ sqft

Property Information:

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.

Inclusions: See Remarks

Property Features:

  • Annual Tax Amount: $56,090
  • Building Features: High Traffic Area, Parking
  • Exterior Features: Fenced, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront
  • Floor Space (approx): 36277 Square Feet
  • Foundation Details: Slab
  • Heating: Mixed
  • Inclusions: See Remarks
  • Lot Features: Central Location, Cleared, Corner Lot, Easy Access, Serviced, Shopping Nearby
  • Lot Frontage: 102802 Square Feet
  • Lot Size: 2.36 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: vreb_table_propertysubtype_warehouse*
  • Road Surface Type: Paved
  • Utilities: Electricity Connected
  • View: Mountain(s), Valley
  • Water Source: Municipal
  • Zoning: C3, includes C2 uses
  • Sewer:

Courtesy of: Coldwell Banker Oceanside Real Estate

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 2935 Sprott Rd, Duncan, BC, V9L 6B5

Demographic Information of 2935 Sprott Rd, Duncan, BC, V9L 6B5

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$114,066.48

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.91 %

High school certificate or equivalent

38.0 %

Apprenticeship trade certificate/diploma

13.24 %

College/non-university certificate

21.96 %

University Degree

11.88 %

Commuter

Travel To Work

By Car

88.67 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

11.33 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.24 %

Houses

93.76 %

Own Vs. Rent