1357 Ball Rd new Save Request In-Person Tour Request Virtual Tour
Cobble Hill,BC V0R 1L2
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 980280
Annual Tax Amount $60,080
Tax Year 2024
Lot Size 1.610 Acres
Acres 1.61
Property Description
With a going-in cap rate of 5.75%, 1357 Ball Road presents a fully leased industrial investment opportunity located in Cobble Hill, BC. This 1.61-acre industrial-zoned property features two large, multi-bay steel-frame, warehouses with yard space and ample parking. Building A offers 14,800 sq ft, while Building B, constructed in 2017, spans 10,080 sq ft. The property is fully leased with seven tenants, the majority of which are longer term Tenants. Each building is equipped with natural gas, ample power, municipal water, and septic waste systems. This property is the larger of two lots in a strata plan. Located in a prime commercial and industrial hub, 1357 Ball Road offers a strategic location with direct access off of the Trans Canada Highway via Fisher Road.
Information package and financials available upon a signed CA being provided.
Location
Province BC
County Cowichan Valley Regional District
Area Ml Cobble Hill
Zoning I-1C
Interior
Heating Electric,Natural Gas
Flooring Concrete
Exterior
Exterior Feature Fenced
Parking On Site 1
Building
Story 1
Foundation Poured Concrete,Slab
Sewer Septic System
Water Municipal
Structure Type Frame Metal,Steel Siding
Others
Tax ID 030-163-391
Ownership Freehold/Strata