Duncan, BC V9L3P9,280 Trans Canada Hwy
Duncan, BC V9L3P9,280 Trans Canada Hwy
Duncan, BC V9L3P9,280 Trans Canada Hwy
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$1,600,000
Est. payment /mo
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

State BC

Zoning Unknown

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 17

Private Pool No

Others

Ownership Freehold


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Listed by One Percent Realty Ltd.

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agent

Aaron MacRae

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+1(403) 852-2260

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