Lantzville, BC V0R 2H0,6846 Metro Rd
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Lantzville, BC V0R 2H0,6846 Metro Rd
Lantzville, BC V0R 2H0,6846 Metro Rd
Lantzville, BC V0R 2H0,6846 Metro Rd
Lantzville, BC V0R 2H0,6846 Metro Rd

$2,075,000

Est. payment /mo

$2,200,000

5.7%
Est.Price: ?

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6846 Metro Rd Lantzville, BC V0R 2H0

0.73 Acres Lot

SOLD DATE : 02/01/2021

Key Details

Sold Price $2,075,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 842419

Sold Date 02/01/21

Year Built 1965

Annual Tax Amount $15,147

Tax Year 2019

Lot Size 0.730 Acres

Acres 0.73

Property Description

Additional, Secure Income Stream Added: 6.39% Cap Rate on Exisiting Income For Sale: Multi - tenant Industrial Property. +/- 9,825 square feet of building area on 0.73 acres of land. This property is fully leased and includes two ground floor commercial tenants (Crystal Pacific Bevelling & Shooters Speed and Fab) and two residential tenants on the upper floors. This property is well located in the Lantzville Industrial node in close proximity to all major transportation routes. Low vacancy combined with increasing demand for industrial space makes this a rare and stable investment for prospective purchasers. - Do not disturb tenants.

Location

Province BC

Area Na Upper Lantzville

Zoning I1

Exterior

Exterior Feature Fenced, Sign: Allowed, Storefront

Others

Tax ID 004-198-581

Ownership Freehold

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Listed by Colliers International (Nan)
Bought with RE/MAX Commercial Advantage

Cameron Doyle

Advisor | License ID: 5284

+1(250) 889-6137

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