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3997 Drinkwater Rd, Duncan, BC V9L 5Z6

$995,000

Courtesy of RE/MAX Generation (LC)

List Price
$995,000
Status
ACTIVE
MLS®
921995
Property Type
Commercial
Acres
10
Lot Size
435,600
District
Duncan
Neighbourhood
Du West Duncan

Property Description

Great place to park your money for future investment or current business place opportunity. Offer is for 1/4 share but up to 1/2 share is available. 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 5-6%. 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.

Additional Information

Parking Type
On Site
Taxes
$33,562
Rentals Allowed
Unrestricted

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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