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 recently approved 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.
Address
7030 Bell Mckinnon Rd
List Price
$8,500,000
Property Type
Commercial Sale
Type of Dwelling
Warehouse
Area
Duncan
Sub-Area
Du East Duncan
Lot Size
314067.6 Sq. Ft.
Lot Size (Acres)
7.21 Ac.
MLS® Number
982849
Listing Brokerage
Coldwell Banker Oceanside Real Estate
Postal Code
V9L 6B5
Tax Amount
$35,916.00
Tax Year
2022
