Commercial property for sale
386 Duncan St, Duncan
$825,000
Features
Floor Area
826 sqft
Lot Size
7,327 sqft
Gross Property Tax
$3,817 /year
Zoning
DTC
Amenities
Awning(s), Fencing: Partial, Garden, See Remarks, Basement, High Traffic Area, Shopping Nearby, Transit Nearby, See Remarks
Additional Features
Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Sloping, Southern Exposure, See Remarks
Description
ZONED, SERVICED & DEVELOPMENT READY - PRIME MIXED USE SITE
A rare opportunity to acquire two adjacent properties (378 & 386 Duncan St) totaling 14,800 sqft (0.34 acres) in a strategic land assembly with Downtown Comprehensive (DTC) zoning. Each lot has existing 2-bed 1-bath home. Elevated section of Duncan St with outlooks toward downtown & beyond, this site offers exceptional design flexibility with generous frontage & municipal services at the properties.
DTC zoning supports high-density multi-family/commercial/hotel development (max 6 storey), a robust 3.6:1 FAR (0.6 density bonus potential) 95% lot coverage.
Properties are listed individually to be acquired together (MLS # 1029939 & 1029938 (residential - 1029935 & 1029937)) or could be sold separately. If acquired individually potential home to office renovation. Strong land hold opportunity.
Perfectly situated steps from downtown, one of Duncan’s most compelling development opportunities for scale, location & readiness.
MLS® Number 1029939