Commercial and Investment Listings in Duncan and the Cowichan Valley

To view listings please click the thumbnails

Category: Commercial & Investments
Thumbnail	Listing Description
Click to view 4790 Trans Canada Hwy $989,900	4790 Trans Canada Hwy: LOCATION! Prime Commercial Highway Traffic Light Corner. High visibility & traffic flow. Easy access, 3.79 level acres. Formerly 'The Galaxy'Nightcub/Restaurant. Value in the land, currently zoned C4. The Cowichan Valley Regional District has indicated a re-zoning to a more general use C2 or C3 would be reasonable & have a high probability of success. Close to the Cowichan Golf Club & other commercial enterprises; Whippletree Junction, Pioneer House Restaurant, Dinters Nursery, Iron Horse Equipment etc.Many potential uses include;mini storage,RV sales,strip mall, motel etc??? Drilled well for water and septic/sewage treatment. Property includes a 9640 sq ft commercial building, not used, with deferred maintenance plus an old uninhabited 1258 sq ft house. Located 5 minutes south of downtown Duncan and 30 minutes north of Victoria.On public transit,a great opportunity for a high profile commercial development in the fast growing Cowichan Valley,on popular SE Vancouver Island
Click to view Falcon Nest Motel 5867 Trans Canada Hwy $1,499,900	Falcon Nest Motel: Falcon Nest Motel, Great Location with lots of Development Potential. 31,799 sq ft of C2 Zoned land fronting on the busy Trans Canada Highway in Duncan. 24 rooms plus a 1 Bedroom Apartment and Bonus, a 3 Bedroom Apartment. Good occupancy, outdoor pool. Close Walking Distance to everything; Restaurants, Community Centre, Pool, Library, Arena, Cowichan Sports Complex, Vancouver Island University. Positive financial statement. The adjoining property, a fully rented 6 Plex, MLS 265912 is also available making a great land amalgamation for a development site with frontages on both the Trans Canada Hwy and York Rd.
Click to view 5864 York Road $599,900	5864 York Road: Older 6 Plex Centrally Located. 11,180 sq ft of land zoned C2. Always rented. Each townhouse is 2 storey, 1,000 sq ft, 2 bedroom, 1 1/2 baths. Walk to everything; Community Centre, Pool, Library, Schools, Shopping, Vancouver Island University, etc. 4 units rented @ $650 per month, 2 @ $600 per month. Gross Rents $3,800 per month = $45,600 per year. Expenses: insurance $5,000, taxes $3,913 leaving Net Income of $36,687. Rent could be increased with upgrading. If sold in conjunction with the Falcon Nest Motel mls 265914, fronting on the Trans Canada Hwy price is discounted by $100,000 to $499,900. Both together would make an excellent land amalgamation for a Development Site, with frontages on both the Highway and York Road.