- /
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 975,000
Est. payment /mo
New
971 Canada Ave Duncan, BC V9L 1V2
0.66 Acres Lot
UPDATED:
02/27/2025 12:06 AM
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
Listed by Colliers International (Nan)