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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by John Morris Coldwell Banker Oceanside Real Estate

$ 1,550,000

Est. payment | -/mo

6,181 SqFt

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$ 1,550,000

Est. payment | -/mo

Save Virtual Tour

6,181 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,181 sqft

Price per Sqft $250

MLS Listing ID 1032404

HOA Y/N No

Annual Tax Amount $22,340

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Mixed Use

Property Description

Exceptional income property in the historic downtown core of Duncan, boasting a strong ~6.4% cap rate (based on current NOI) with the potential for partial owner occupancy (1,500 sq ft). The spacious second floor (approx. 3,600 sq ft) features multiple (6-7) offices and 3 large open flex spaces (used as 2 class rooms / 1 Kitchen), perfect for various business needs. The lower level (approx. 3,600 sq ft), facing Trunk Rd, one of Duncan's busiest streets, offers excellent visibility and foot traffic. This property is set in a vibrant community experiencing growth and revitalization, making it an ideal investment opportunity. Conveniently located on Southern Vancouver Island, Duncan serves as the main business and shopping hub for the Cowichan Valley, situated 60 KM north of Victoria and 50 KM south of Nanaimo. Please do not approach tenants; all sizes are approx. and should be verified by the buyer. This proposed transaction is a share sale. New roof and additional improvements - 2025.

Location

Province BC

County Duncan, City Of

Community Du West Duncan

Area Duncan

Zoning DTC(Dwntwn Comprehensive)

Interior

Heating Heat Pump, Mixed

Cooling HVAC

Flooring Mixed

Inclusions See Remarks

Fireplace No

Exterior

Exterior Feature Display Window, Fencing: Partial, Lighting, Sign: Allowed, Storefront

Parking Features On Site

View Y/N No

Street Surface Paved

Garage No

Building

Lot Description Central Location, Corner Lot, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Sloped

Foundation Slab

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

Special Listing Condition Updated/Remodeled

Virtual Tour https://buildout.com/website/1633821-sale

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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81 Trunk Rd Duncan, BC V9L 2N7