Cobble Hill, BC V0R 1L2,1357 Ball Rd
Cobble Hill, BC V0R 1L2,1357 Ball Rd
Cobble Hill, BC V0R 1L2,1357 Ball Rd
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$4,698,000
Est. payment /mo
1.61 Acres Lot
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UPDATED:

11/06/2024 06:34 PM

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


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Listed by William Wright Commercial Real Estate Service - Victoria Branch
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