BC > Duncan
Duncan, BC V9L 2W4,44 Queens Rd
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Duncan, BC V9L 2W4,44 Queens Rd
Duncan, BC V9L 2W4,44 Queens Rd
Duncan, BC V9L 2W4,44 Queens Rd
Duncan, BC V9L 2W4,44 Queens Rd
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John Cooper

John Cooper

+1(250) 619-9207
$ 1,600,000
Est. payment /mo
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44 Queens Rd Duncan, BC V9L 2W4

0.36 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1004836

Rental Info Unrestricted

Year Built 1996

Annual Tax Amount $31,631

Tax Year 2024

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Office

Property Description

Exceptional income property in the historic downtown core area of Duncan with a 6% cap rate. The property has strong tenancies with a long term track record of full occupancy. The main tenant is a highly respected law firm that has been a tenant since 1996 (occupies approximately 75% of the leasable space). The remaining leasable space (approximately 25%) is held by well established tenants including four separate health and wellness businesses. The property is supported by a vibrant community that is seeing significant growth and revitalization. Duncan is located in Southern Vancouver Island and is 60 KM north of Victoria and 50 KM south of Nanaimo. Duncan is the main business and shopping center for the Cowichan Valley. This property is only suitable for an income investor that desires strong tenancies with low turnover and long-term leases. Do not approach tenants and all sizes are approx. and should be verified by the Buyer. Income Investors only - long term leases in place.

Location

Province BC

County Duncan, City Of

Area Du West Duncan

Zoning Neighbourhood Commercial

Interior

Heating Heat Pump

Cooling HVAC

Flooring Mixed

Inclusions Real Estate

Heat Source Heat Pump

Exterior

Exterior Feature Balcony/Patio, Lighting, Low Maintenance Yard, Sign: Allowed, Wheelchair Access

Parking On Site 1

Utilities Available Cable To Lot, Electricity To Lot, Garbage, Natural Gas Available, Phone To Lot

View Y/N Yes

View City, Mountain(s)

Total Parking Spaces 22

Building

Lot Description Central Location, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk

Building Description Concrete,Frame Wood,Insulation: Ceiling,Insulation: Walls,Shingle-Other,Stucco, Basement,High Traffic Area,Kitchen/Staff Room,Leasehold Improvements,Parking,Shopping Nearby,Storage Room,Transit Nearby,Visual Exposure

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Concrete,Frame Wood,Insulation: Ceiling,Insulation: Walls,Shingle-Other,Stucco

Others

Pets Allowed Yes

Tax ID 000-255-645

Ownership Freehold

Virtual Tour https://buildout.com/website/1023111-sale

Listed by Coldwell Banker Oceanside Real Estate
agent

John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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