My Listings

488-490 Trans Canada Hwy
Du East Duncan Duncan V9L 3R6

$795,000
Commercial Sale built: 1978

Main Photo: 488-490 Trans Canada Hwy in Duncan: Du East Duncan Retail for sale : MLS®# 900190
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Status:
Sold
Prop. Type:
Commercial Sale
MLS® Num:
900190
Sold Date:
Jun 06, 2022
Year Built:
1978
Freehold commercial building centrally located in Duncan on the Trans Canada Hwy. The building is divided into 2 separate units (approx. 1,500 and 1,800 sq ft) alternatively it could be reverted back to a single unit. The larger unit is rented on a month to month agreement and the smaller unit is being held for a potential owner occupier. With frontage and clear exposure to the Trans Canada Hwy this property is an excellent location for retail or office uses. The property would also be ideal for an income investor and may have the ability to add a 2nd level to increase income. The property is across the street from Cowichan Sec. School that will be a major redevelopment site in the future and will transform the main corridor of the city. Duncan is the main business center for the Cowichan Valley and the area is seeing significant growth and development. All sizes are approx. and should be confirmed by a buyer if important - expansion would require approval from the municipality.
Price:
$795,000
Property Type:
Commercial Sale
MLS® Num:
900190
Status:
Sold
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Listed by Coldwell Banker Oceanside Real Estate, sold on June, 2022
Data was last updated November 29, 2022 at 08:05 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$1,499,500
Min list price:
$35,000
Max list price:
$7,475,000
Avg days on market:
86
Min days on market:
1
Max days on market:
567
These statistics are generated based on the current listing's property type and located in Duncan. Average values are derived using median calculations.
NICK BROWN
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.