7373-7385 DUNCAN Street
Out of Town No City Value V8A 1W6

$8,000,000
Industrial, Office

Main Photo: 7373-7385 DUNCAN Street in No City Value: Out of Town Industrial for sale : MLS®# C8053324
Photo 1: 7373-7385 DUNCAN Street in No City Value: Out of Town Industrial for sale : MLS®# C8053324
Photo 2: 7373-7385 DUNCAN Street in No City Value: Out of Town Industrial for sale : MLS®# C8053324
Photo 3: 7373-7385 DUNCAN Street in No City Value: Out of Town Industrial for sale : MLS®# C8053324
Photo 4: 7373-7385 DUNCAN Street in No City Value: Out of Town Industrial for sale : MLS®# C8053324
Photo 5: 7373-7385 DUNCAN Street in No City Value: Out of Town Industrial for sale : MLS®# C8053324
Photo 6: 7373-7385 DUNCAN Street in No City Value: Out of Town Industrial for sale : MLS®# C8053324
Photo 7: 7373-7385 DUNCAN Street in No City Value: Out of Town Industrial for sale : MLS®# C8053324
Status:
Active
Prop. Type:
Industrial, Office
MLS® Num:
C8053324
Build. Type:
Freestanding
Don't miss out on this fantastic opportunity to capture both passive income and subdivision potential! This property is located in a prime location of Powell River, the biggest city and adventurer's paradise on the Sunshine Coast. Fly from Vancouver only takes 30-40 minutes. 4 flights via Pacific Coastal Airlines and 2 flights via Harbor Air every day. It is comprised of 2 freestanding buildings zoned M1 (General Industrial) with diversified long-term tenants. The current (NOT pro forma) cap rate is over 7%, rare to find nowadays. A piece of land on the back can be subdivided for a residential multifamily development, which is an additional value to be verified by the interested buyers and the seller could assist with it.
Sale Type:
Asset
Lease Type:
Net
Sublease:
No
Construction:
Concrete Block, Concrete
Building Type:
Freestanding, Low Rise (2-4 stories), Commercial Mix
# Bldgs:
2
# Storeys:
2.0
Year built:
1996 (Age: 27)
Total Floor Area:
39,492 sq. ft.
Lot Area:
2.43 acre(s)
Land Use/Zoning:
M1
Permitted Use:
Industrial, Office
Taxes:
$130,482.2 / 2022
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
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Listed by 1NE Collective Realty Inc.
Data was last updated December 4, 2023 at 01:10 PM (UTC)
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