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280 Trans Canada Hwy Duncan, BC V9L3P9
0.45 Acres Lot
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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
Listed by One Percent Realty Ltd.
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