- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 994225
- Photos (8)
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Exceptional Developer Opportunity – PRIME LOCATION! DEVELOPERS TAKE NOTE – ALL THE HARD WORK IS DONE! This ZONED and ready-to-build site is strategically located directly across from the Cowichan Commons Shopping Centre, offering unbeatable exposure and convenience. Situated in the highly sought-after Bell McKinnon OCP, this is one of the few properties in the area near permitting, making it a unique and time-sensitive opportunity for developers. A covenant is registered on the title protecting several key advantages for this property, including no Park DCCs required for development; reducing upfront costs, 6-storey development permitted; unlocking maximum potential, potential for 11 two-story townhomes and 41 - condo units, a relaxation on green space requirements. Take advantage of this rare, pre-approved opportunity in a thriving location with future growth potential. Contact the listing agent today for more information!
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Du West Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.699 acre(s)
- Taxes:
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- Building Features:
- Shopping Nearby, Transit Nearby, Visual Exposure
- Ceiling Heights:
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- Total Building Area:
- 1,224 sq. ft.
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
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- Other
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Central Location, Level, Recreation Nearby, Shopping Nearby
- Parking Features:
- On Site
- Total Parking Spaces:
- 0
- Total Units:
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- Date Listed:
- Apr 04, 2025
- Original Price:
- 3375000.0
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Listed by eXp Realty (NA)
Data was last updated April 7, 2025 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $1,650,000
- Min list price:
- $380,000
- Max list price:
- $14,800,000
- Avg days on market:
- 138
- Min days on market:
- 3
- Max days on market:
- 623
These statistics are generated based on the current listing's property type
and located in
Du West Duncan. Average values are
derived using median calculations.
- KIM JOHANNSEN
- JOHANNSEN GROUP REALTY
- 250-748-8080
- Contact by Email
Johannsen Group Realty
Office Address:
#2 - 3179 Barons Rd
Nanaimo, BC, V9X 1A1