Commercial property for sale
6468 Norcross Rd, Duncan
$950,000
Features
Floor Area
1,800 sqft
Lot Size
23,958 sqft
Gross Property Tax
$12,418 /year
Zoning
C2
Amenities
Fenced, Fencing: Partial, Low Maintenance Yard, Sign: Allowed, Fire Alarm, Kitchen/Staff Room, Laundry Room, Parking, Security System, Storage Room
Additional Features
Cleared, Easy Access, Level, Pie Shaped Lot, Serviced, Shopping Nearby
Description
ACCEPTED OFFER S/O 05/21/24 - Discover an exceptional real estate opportunity with this 0.55-acre property, partially fenced and strategically located within the Bell McKinnon Local Area Plan, a prime growth and development zone designated by the Municipality of North Cowichan. Boasting C2 zoning, this property presents endless possibilities for businesses with its current allowance of 100% lot coverage. The existing office building comes with abundant parking and a bonus one-bedroom apartment, offering an attractive rental income potential. The property is turnkey and conveniently situated just a short stroll away from the Cowichan Commons shopping center. The seller has recently secured an Approved Development Permit to construct a new accessory building spanning 2817 sqft. The proposed site coverage is a modest 19.2%, well below the allowed 100%, providing room for expansion and further development. Act now to seize this lucrative investment opportunity, this is priced to sell.
MLS® Number 951108