Exceptional income property in the historic downtown core of Duncan, boasting a strong ~6.17% cap rate with the potential for partial owner occupancy (1,500 sq ft). The spacious second floor (approximately 3,600 sq ft) features multiple (6-7) offices and 3 large open flex spaces (used as 2 class rooms / 1 Kitchen), perfect for various business needs. The lower level (approximately 3,600 sq ft), facing Trunk Rd, one of Duncan's busiest streets, offers excellent visibility and foot traffic. This property is set in a vibrant community experiencing growth and revitalization, making it an ideal investment opportunity. Conveniently located on Southern Vancouver Island, Duncan serves as the main business and shopping hub for the Cowichan Valley, situated 60 KM north of Victoria and 50 KM south of Nanaimo. Please do not approach tenants; all sizes are approximate and should be verified by the buyer. This proposed transaction is a share sale. New roof and additional improvements - 2025.
Address
81 Trunk Rd
List Price
$1,600,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Transaction Type
Sale
Area
Duncan
Sub-Area
Du West Duncan
Lot Size
7024 Sq. Ft.
Lot Size (Acres)
0.16 Ac.
MLS® Number
1032404
Listing Brokerage
Coldwell Banker Oceanside Real Estate
Postal Code
V9L 2N7
Tax Amount
$22,340.00
Tax Year
2025
Features
Heat Pump, Mixed, Mixed
Amenities
Central Location, Corner Lot, Curb & Gutter, Display Window, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Lighting, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Sign: Allowed, Sloped, Storefront
