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
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