7030 Bell McKinnon Rd
Du East Duncan Duncan V9L 6B5

$8,500,000
Commercial Sale

Main Photo: 7030 Bell McKinnon Rd in Duncan: Du East Duncan Warehouse for sale : MLS®# 982849
Photo 1: 7030 Bell McKinnon Rd in Duncan: Du East Duncan Warehouse for sale : MLS®# 982849
Photo 2: 7030 Bell McKinnon Rd in Duncan: Du East Duncan Warehouse for sale : MLS®# 982849
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Photo 23: 7030 Bell McKinnon Rd in Duncan: Du East Duncan Warehouse for sale : MLS®# 982849
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
982849
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.
Property Type:
Commercial Sale
Type:
Warehouse
Commercial Type:
Building, Land
Lease Type:
See Remarks
Listing General Location:
Du East Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7.21 acre(s)
Total Building Area:
33,696 sq. ft.
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
District of North Cowichan
Zoning:
C3(Commercial Service)
Occupancy:
Tenant
Parking Features:
On Site
Road Surface Type:
Paved
Date Listed:
Dec 09, 2024
Original Price:
8500000.0
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Virtual Tour 2

Listed by Coldwell Banker Oceanside Real Estate
Data was last updated December 23, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$3,000,000
Min list price:
$175,000
Max list price:
$9,475,000
Avg days on market:
96
Min days on market:
14
Max days on market:
544
These statistics are generated based on the current listing's property type and located in Du East Duncan. Average values are derived using median calculations.
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.