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Denise Hodgins PREC*

denise@bcislandhomes.ca +1(250) 619-2855

$ 1,300,000

Est. payment -/mo

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New

Address not disclosed Duncan, BC V9L 1M2

4,356 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1009436

Rental Info Unrestricted

Annual Tax Amount $19,959

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Retail

Property Description

This is a long established building with consistent, reliable cash flow. The well known "Hudson Block" is iconic in down town Duncan. The current tenant mix consists of two ground floor retail units one with basement access and the walk up second floor, which has a number of offices, varying in size. New leases, of varying terms, have been established with start dates this year. The building has been consistently maintained and the roof was replaced in the past few years. Located halfway between Victoria and Nanaimo, the City of Duncan is one of the most vibrant and fastest growing communities on Vancouver Island.

Location

Province BC

County Duncan, City Of

Area Du East Duncan

Zoning DTC

Interior

Heating Electric, Heat Pump

Cooling HVAC, Partial

Heat Source Electric, Heat Pump

Exterior

Exterior Feature Display Window, Sign: Allowed, Storefront

Parking On Site 1

Building

Lot Description Central Location, Easy Access, Level, Shopping Nearby, Sidewalk

Building Description Block,Concrete,Stucco, Basement,High Traffic Area,Leasehold Improvements,Shopping Nearby,Transit Nearby,Visual Exposure

Foundation Poured Concrete, Slab

Sewer Sewer Connected

Water Municipal

Structure Type Block,Concrete,Stucco

Others

Pets Allowed Yes

Tax ID 003-016-552

Ownership Freehold

Listed by Royal LePage Duncan Realty