Duncan · Commercial Sale · MLS® 1032404

81 Trunk Rd, Duncan

$1,550,000
89Days on Market

About this property

Exceptional income property in the historic downtown core of Duncan, boasting a strong ~6.4% cap rate (based on current NOI) with the potential for partial owner occupancy (1,500 sq ft). The spacious second floor (approx. 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 (approx. 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 approx. and should be verified by the buyer. This proposed transaction is a share sale. New roof and additional improvements - 2025.

Features & details

DDF Property Type Other
Building Type Commercial Mix
Land Size 7,024 sq ft
Feature Central location
Feature Curb & gutter
Feature Corner Site
Feature Sloping
Feature Other
Property Type Mixed Use
Heating Heat Pump,Mixed
Cooling HVAC
Water Source Municipal
Sewer Sewer Connected
Flooring Mixed
Foundation Slab
Zoning DTC(Dwntwn Comprehensive)

Location

Brokerage Listed by Coldwell Banker Oceanside Real Estate. Information is deemed reliable but not guaranteed.