ROYAL LEPAGE DUNCAN REALTY
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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1025353
- Photos (5)
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Here is an excellent opportunity for a long term, cashflow investor. This 7,253 sq' building has been occupied by the Vancouver Island Health Authority since 1988 and has a new 5 year term starting in September 2026. At that point the property will produce a 5.5% cap at the asking price. The building and property are in excellent shape with many upgrades having been completed. A partial list includes, complete remodel of the interior, new paved parking area, heat pumps repaired or replaced (as needed), all lighting replaced with LED etc. This 41,580 sq' property represents one of the best investment opportunities in the increasingly popular Cowichan Region on Southern Vancouver Island
- Property Type:
- Commercial Sale
- Type:
- Office
- Commercial Type:
- Building, Land
- Lease Type:
- Sale of Assets
- Listing General Location:
- Du West Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.95 acre(s)
- Lot Details:
- 132x315
- Taxes:
- $16,686.38 / 2025
- Building Features:
- Leasehold Improvements, Parking, Transit Nearby
- Construction:
- Frame Wood, Insulation All, Vinyl Siding
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Floor finish:
- Mixed
- Leasable Area:
- 7,253 sq. ft.
- Commercial Area:
- Not Applicable
- Subdivisable Area:
- Yes
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning
- Heating:
- Heat Pump
- Fireplace:
- No
- Leasehold Improvements
- Fencing: Partial, Security System, Sign: Allowed
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 1075000.0
- Assessment year:
- 2025
- Jurisdiction name:
- District of North Cowichan
- Legal Description:
- LOT 3, PLAN VIP2251, SECTION 18, RANGE 5, QUAMICHAN LAND DISTRICT, EXCEPT PLAN BL438
- Zoning:
- P-1
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Lot Site Features:
- Easy Access, Landscaped, Level, Rectangular Lot, Serviced
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- 1
- Date Listed:
- Feb 06, 2026
- Original Price:
- 3490000.0
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Data was last updated February 6, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 17
- Avg list price:
- $1,500,000
- Min list price:
- $79,000
- Max list price:
- $12,000,000
- Avg days on market:
- 142
- Min days on market:
- 8
- Max days on market:
- 928
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. This data is not produced by the MLS® system.
- Brian Hebbert
- Royal LePage Duncan Realty
- 250-746-6621
- Contact by Email
ROYAL LEPAGE DUNCAN REALTY
blairherbert@royallepage.ca
Office:
250-746-6621
Toll Free:
800-933-3156
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