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.
Data was last updated December 27, 2024 at 08:05 AM (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:
100
Min days on market:
18
Max days on market:
548
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.