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280 Trans Canada Hwy Duncan, BC V9L 3P9
0.45 Acres Lot
UPDATED:
02/21/2025 04:07 PM
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.
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
Listed by One Percent Realty Ltd.