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Duncan,BC V9L3P9
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision East Duncan
MLS Listing ID 988734
Originating Board Vancouver Island Real Estate Board
Lot Size 0.449 Acres
Acres 19551.0
Property Sub-Type Freehold
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. (id:24570)
Location
Province BC
Zoning Unknown
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 17
Private Pool No
Others
Ownership Freehold