280 Trans Canada Hwy new

Duncan,BC V9L 3P9

$ 1600000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 988734

Rental Info Unrestricted

Annual Tax Amount $28,660

Tax Year 2024

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type Retail

Property Description

Strategically located on the high-exposure Trans Canada Highway, this property presents a lucrative investment opportunity in the heart of Duncan, BC. With a total leaseable area of approximately 6,644 sq. ft. on 19,550.78 sq. ft. of land, this well-maintained building features a new roof installed within the last two years and a site coverage of just 0.34, offering potential for future development or redevelopment.

The property boasts 17 on-site parking spaces, ensuring convenience for tenants and customers alike. This investment property is offered at a 5.8% cap rate.

This is an excellent opportunity for investors seeking a well-positioned asset with strong visibility, reliable income, and long-term growth potential in one of Vancouver Island's key commercial corridors.

Location

Province BC

County Duncan, City Of

Area Duncan

Zoning HCC - Highway Corridor Co

Exterior

Parking On Site 1

Total Parking Spaces 17

Building

Lot Description Central Location,Corner,Easy Access

Others

Pets Allowed Yes

Tax ID 005-407-702

Ownership Freehold

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