2935 Sprott Rd - Service FOR SALE


North Cowichan, BC V9L 6B5
$9,475,000 CAD
250-383-1500
2935 Sprott Rd, North Cowichan, BC for Sale
$9,475,000 CAD
Service - FOR SALE
1/8
null | 6.15% Cap Rate

2935 Sprott Rd
North Cowichan, BC V9L 6B5


HIGHLIGHTS

  • High visibility
  • Diverse tenancies

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$9,475,000 CAD

PRICE/SF

$122 CAD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

20

PARKING SPACES

20

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C3

APN/PARCEL ID

000-069-841

ASK ABOUT THIS PROPERTY

John MorrisCB CommercialMore Info
250-383-1500

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John MorrisCB CommercialMore Info
250-383-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.