Address
2998,2994 Boys Rd Duncan, BC
Price
$ 6,250,000
Property Attributes
  • MLS#872629
  • TypeCommercial
  • CityDuncan
  • AreaDuncan
  • NeighbourhoodDu West Duncan
  • Postal CodeV9L 6W4
  • StyleIndustrial
  • Taxes$ 1
  • Price$ 6,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19000
  • Lot Size0.96 Acres
Listing Provided Courtesy Of:
Coldwell Banker Oceanside Real Estate
Data Source:
Canada - Victoria Real Estate Board (VREB) - 410 - CAN
Property Description

2994 and 2998 Boys Rd. to be sold in combination and includes 19,000 sqft of light industrial warehouse space plus mezzanine space. 9,000 sqft plus mezzanine levels of fully leased, recently renovated building, 10,000 sqft of space presently under construction with 6,000 sqft pre-leased to a high quality single tenant. 4,000 sqft held for possible owner occupier. Alternatively, the 4,000 sqft can be leased @ $17/sqft as either one or two units. Possession and Completion upon receiving an occupancy permit from the CVRD on the 2nd building. Construction completion estimated to be between 4-6 months. Duncan has high demand for Light Industrial space with a significant shortage of supply. Conveniently located to serve southern Vancouver Island. All sizes approximate and to be verified if important to the buyer. At full occupancy the Cap Rate is approximately 5.6%.

General Features

Commercial Area Other
Commercial Listing Type Building, Land
Construction Materials See Remarks
Cooling Other
Flooring Concrete
Heating Other
Property SubType Industrial
Property Type Commercial Sale
Sewer Sewer Connected
Zoning L-1 (Light Industrial)

Interior Features

Total Units 1

Exterior Features

Building Area Total 19000.00
Building Features Loading Bay(s), Parking, Transit Nearby, Visual Exposure
Exterior Features Fencing: Full, Lighting, Low Maintenance Yard, Sign: Allowed
Foundation Poured Concrete
Lot Description Central Location, Cleared, Corner, Easy Access, Landscaped, Level, Rectangular Lot, Serviced, Shopping Nearby
Lot Size Acres 0.96
Lot Size Square Feet 41628.49
Parking Onsite Yn Yes
Water Source Municipal

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9L 6W4

Price
AVG $6.25M
$6.25M
Taxes
AVG $1
$1
Visits
AVG 87
86
Walkscore
AVG 31
31
Data Provided by Walkscore ® not using MLS data