7030 Bell Mckinnon Rd, Duncan, BC V9L 6B5

$7,800,000

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Courtesy of Coldwell Banker Oceanside Real Estate

List Price
$7,800,000
Status
ACTIVE
MLS®
1031647
Price Change
▼ $700,000 1781054057
Property Type
Commercial
Acres
7.21
Lot Size
314,067
District
Duncan
Neighbourhood
Du East Duncan

Property Description

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.

Additional Information

Parking Type
On Site
Taxes
$33,401
Rentals Allowed
Unrestricted

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Calculator source: Real Geeks

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