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$8,500,000

7030 Bell McKinnon Rd, Duncan, BC, V9L 6B5

MLS® # 982849

33696 FEETSQ sqft

MULTIMEDIA

Property Information:

Prime storage/warehousing property in a core development zone poised for significant population growth. Income is primarily generated through interior and exterior storage, with additional structures leased to construction firms and other local businesses. Current tenancies offer an attractive income stream with a competitive cap rate. Ample bare land available for additional revenue opportunities or expanding the existing storage business. The area is undergoing major redevelopment, with a new regional hospital under construction just 900 meters from the site and municipal services in progress to support future growth. The proposed West Vista Terrace, featuring 700 residential units and commercial CRUs, is located just 400 meters away. Vendor willing to provide financing to qualified buyers. All sizes are approximate and should be verified by the buyer. Viewings by appointment only; please refrain from contacting tenants or owners. Zoned C3 - includes C2 uses.

Property Features:

  • Annual Tax Amount: $35,916
  • Floor Space (approx): 33696 Square Feet
  • Lot Frontage: 314067.6 Square Feet
  • Lot Size: 7.21 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: vreb_table_propertysubtype_warehouse*
  • Road Surface Type: Paved
  • Zoning: C3(Commercial Service)

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 7030 Bell McKinnon Rd, Duncan, BC, V9L 6B5

Demographic Information of 7030 Bell McKinnon 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