Rare Light Industrial Development Opportunity in Southern Vancouver Island - 59.3 Acres (2,583,108 sq ft). Take advantage of the limited inventory in Southern Vancouver Island, where Light Industrial rental rates are among the highest in Canada. This property is strategically located near one of the fastest growing communities in BC, just 10KM from the Bell McKinnon (North Cowichan/Duncan) area. The region is currently witnessing the construction of a new regional hospital and the planning of multiple high-density multi-family projects. Situated 75KM north of Victoria and 70KM south of Nanaimo, this property offers convenient access to major cities and transportation hubs. It also benefits from an issued Development Permit for an 11-lot Industrial conventional subdivision, providing a solid foundation for your development plans. The zoning permits a wide range of uses, including warehousing, mini-warehousing with outdoor storage, automotive repair/wrecking/part sales, boat building/storage, building supply retailing/wholesale, equipment sales/rental/repair/storage, food processing, manufacturing, recycling, and much more.
| Address |
VIP75847 Cowichan Valley Hwy |
| List Price |
$3,900,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Industrial |
| Area |
Duncan |
| Sub-Area |
Du West Duncan |
| Lot Size |
2583108 Sq. Ft. |
| MLS® Number |
945285 |
| Listing Brokerage |
Coldwell Banker Oceanside Real Estate
|
| Postal Code |
V9L 6E4 |
| Tax Amount |
$18,219 |
| Tax Year |
2022 |
| Amenities |
Easy Access, Irregular Lot, See Remarks |
