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1154340 Sqft Commercial Property in Zone 03 - Duncan

$2,990,000 - ML# 402082
3910 Drinkwater Rd
Zone 03 - Duncan - Z03 West Duncan

This is only a guide. Please verify this information with your mortgage specialist.

A/O Zoned heavy industrial I-2, which allows the growing of Cannabis and a laboratory. This piece of approximately 26.5 acres is located at the end of a no-thru road neighbouring to Bings Creek and the Vancouver Island Motorsport Circuit. Land is level and cleared. Currently 4 acres are tenanted, with power, septic and shallow well in place providing 24 gpm. City water at lot line. 16,000+/- sqft. steel building is on site ready for erection. Preliminary layout approval for a subdivision of two 4-acre parcels off the main 26 acres with an 18-acre remainder. This can be completed or left as is in one parcel. I-2 zoning allows for many uses; sawmills, recycling, helicopter landing pad, municipal/regional offices, and much more. Call for more information.

Title:
Freehold 
Transaction Type:
For Sale 
Includes Building:
No 
Includes Business:
No 
Includes Land:
Yes 
Sale/Lease Type:
See Remarks 
Possession:
TBA 
Possession Notes:
Current M2M rental on 4/26 acres at $3K/month. 
Taxes:
$34,000.00 (2018) 
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Building Details

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Lot Information

SqFt:
1154340 
Acres:
26.50 
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Lot Features:
Cleared,Level 
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Waste:
None 
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Location Features:
Road: Unpaved 

Strata Information

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Listed with:

eXp Realty

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.