3997 Drinkwater Rd Duncan, British Columbia V9L 5Z6
$799,900
Offering a 25% share in the land and buildings, gross annual income of $541,869, 50% can also be purchased at $1,595. Build a two story office and look over the racetrack for your entertainment! The zoning allows for almost any manufacturing you can think of. Currently most of it is leased but there is approx 2 acres out of the 10 still to be utilized, when rented the cap rates increases, currently approx 5%. Includes a large state of the art licensed production facility almost ready to begin operations, possible to buy into a percentage of this business as well. Central Vancouver Island is poised to comfortably ride out a recession as so many in Canada are making their way to enjoy our mild Mediterranean climate. The Cowichan Valley is know for its sustainable lifestyle and outrageous Beauty. The park is located in central southern Vancouver Island and only 25 mins to the ferry and airport. (id:33633)
Business
| Business Type | Industrial |
Property Details
| MLS® Number | 926185 |
| Property Type | Industrial |
| Neigbourhood | West Duncan |
Building
| Fireplace Present | No |
| Size Exterior | 9000 Sqft |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Size Irregular | 10 |
| Size Total | 10 Ac |
| Size Total Text | 10 Ac |
| Zoning Description | I2 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/25352303/3997-drinkwater-rd-duncan-west-duncan
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Vancouver Island Real Estate Board
RE/MAX Generation (Lc)
March 13 2023 12:31:41
