Retail for sale
280 Trans Canada Hwy, Duncan
$1,600,000
Features
Floor Area
6,644 sqft
Lot Size
19,551 sqft
Gross Property Tax
$28,660.81 /year
Zoning
HCC - Highway Corridor Co
Amenities
High Traffic Area
Additional Features
Central Location, Corner, Easy Access
Description
Strategically located on the high-exposure Trans Canada Highway, this property presents a lucrative investment opportunity in the heart of Duncan, BC. With a total leaseable area of approximately 6,644 sq. ft. on 19,550.78 sq. ft. of land, this well-maintained building features a new roof installed within the last two years and a site coverage of just 0.34, offering potential for future development or redevelopment.
The property boasts 17 on-site parking spaces, ensuring convenience for tenants and customers alike. This investment property is offered at a 5.8% cap rate.
This is an excellent opportunity for investors seeking a well-positioned asset with strong visibility, reliable income, and long-term growth potential in one of Vancouver Island’s key commercial corridors.
MLS® Number 988734