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$ 7,188,000
Est. payment | /mo
10.35 Acres Lot
$ 7,188,000
Est. payment | /mo
10.35 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 980352
Rental Info Unrestricted
Annual Tax Amount $61,078
Tax Year 2024
Lot Size 10.350 Acres
Acres 10.35
Property Sub-Type Mixed Use
Property Description
Colliers is pleased to present the opportunity to acquire the "Whippletree Junction"; a multi-tenant commercial property, totaling 42,036 square feet of building area and 10.35 acres of land, with excellent visual exposure and frontage to the Trans-Canada Highway. Approximate cap rate of 6.85% on existing income not including excess land potential. The property is located just south of the City of Duncan and comprised of two separate land parcels totaling ±10.35 acres with excess land for future development or owner occupier use. Property offers excellent redevelopment potential, revenue growth potential, convenient location and excess land offering owner occupier possibilities. Contact listing agent for more information
Location
Province BC
County Cowichan Valley Regional District
Area Du East Duncan
Zoning C-2A
Exterior
Parking On Site 1
Others
Tax ID 003-644-936
Ownership Freehold
Listed by Colliers International (Nan)
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Cassandra Askew
Real Estate Agent