5440 Mcdougald Road

$4,900,000

ASKING
PRICE

MLS® #: 10390886

IDX Listing

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PRICING BREAKDOWN

Asking Price
$4,900,000

10390886
MLS®

1301
Interior m²

Industrial
Property Type

14000
Interior SQFT

2019
Year Built

GENERAL INFORMATION

BUSINESS DESCRIPTION

5440 Mcdougald Road

9.34 Acres Zoned I-1 with DEVELOPMENT POTENTIAL. Three warehouses in total on the property. Two of the warehouses are 50ft x 100ft offering a large folding door 14ft x 40ft as well as a 14ft x 14ft overhead door. They also are equipped with 6 bathrooms per warehouse. The third warehouse is 40ft x100ft with 2 industrial overhead doors and 600amp service. All warehouses on the property have cement floors and metal roofs and constructed within the last five years. The subject property was originally intended to be subdivided into several lots, each with a minimum of 1 hectare in size. The potential exists to complete the subdivision / development in tandem with the adjoining approximately 20 acre property @ 5460 McDougald Road. City has said they would look at rezoning for low income housing. Could be 66 lots on 5440 McDougald and 166 total with 5440 and 5460 McDougald Rd. (id:6769)

Listing Origin: Engel & Volkers Okanagan