280 Trans Canada Hwy new Save Request In-Person Tour Request Virtual Tour
Duncan,BC V9L 3P9
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