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$2,000,000
Est. payment /mo
0.99 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision East Duncan
MLS® Listing ID 1003358
Lot Size 0.990 Acres
Acres 0.99
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
Property Description
Prime Redevelopment Opportunity Commercially zoned . 99ac with Exceptional Highway Exposure. High-exposure C5-zoned property fronting both the Trans Canada Highway and Francis Street. With approximately 2,000 sq.ft. of retail space, 4 residential apartments, and an undeveloped attic, plus a two-storey six-unit residential building currently divided into 2 suites, this mixed-use property offers strong future potential. Recent upgrades include 6 separate new 100-amp electrical services, Lennox mini-splits for heating and cooling, and 4 new hot water tanks—over $120,000 invested in improvements. While the buildings require renovation, the site's location, flexibility. Currently not rented. the house is occupied by the owner. All units will require renovations before they can be rented. Flat lot with Sewer and water, there is an abandoned two bedroom separate home on property that may be salvageable. All information and sizes must be verified by the buyer (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold