971 Canada Ave new

Duncan,BC V9L 1V2

$ 975000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 989235

Rental Info Unrestricted

Year Built 1975

Annual Tax Amount $13,590

Tax Year 2025

Lot Size 0.660 Acres

Acres 0.66

Property Sub-Type Retail

Property Description

Excellent investment and / or future development opportunity in downtown Duncan. The property features a 3,203 SF building and a 28,873 SF lot. Long term tenant in place offering a 5.5% cap rate on existing income. The property is zoned Downtown Comprehensive Zone allowing for mixed-use development up to 6 story or 4 storys for other uses. Constructed in 1975, the building is single story with concrete block exterior and new torch on membrane roof completed in 2022. Main floor is comprised of reception, two (2) washrooms, one (1) large office, one (1) small office, large open production area, storage and shipping and receiving area. There is a gas fired HVAC unit on the roof which services the production area with heat and air conditioning. The office areas are serviced by two ductless heat pumps installed in 2022. Contact listing agent for further details

Location

State BC

County Duncan, City Of

Area Du West Duncan

Zoning DTC

Interior

Heating Heat Pump

Cooling HVAC

Exterior

Parking On Site 1

Utilities Available Cable To Lot,Electricity To Lot,Natural Gas To Lot,Phone To Lot

Total Parking Spaces 12

Building

Lot Description Easy Access,Rectangular Lot

Story 1

Sewer Sewer Connected

Water Municipal

Structure Type Block

Others

Tax ID 006-025-188

Ownership Freehold

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