81 Trunk Rd, Duncan, BC, V9L 2N7

MLS® # 1032404

Commercial For Sale In Duncan, British Columbia

$1,600,000

None Beds

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81 Trunk Rd, Duncan, BC, V9L 2N7

$1,600,000

Property Information:

Exceptional income property in the historic downtown core of Duncan, boasting a strong ~6.17% cap rate with the potential for partial owner occupancy (1,500 sq ft). The spacious second floor (approximately 3,600 sq ft) features multiple (6-7) offices and 3 large open flex spaces (used as 2 class rooms / 1 Kitchen), perfect for various business needs. The lower level (approximately 3,600 sq ft), facing Trunk Rd, one of Duncan's busiest streets, offers excellent visibility and foot traffic. This property is set in a vibrant community experiencing growth and revitalization, making it an ideal investment opportunity. Conveniently located on Southern Vancouver Island, Duncan serves as the main business and shopping hub for the Cowichan Valley, situated 60 KM north of Victoria and 50 KM south of Nanaimo. Please do not approach tenants; all sizes are approximate and should be verified by the buyer. This proposed transaction is a share sale. New roof and additional improvements - 2025.

Inclusions: See Remarks

Exclusions : See Remarks

Property Features:

Annual Tax Amount: $22,340
Building Features: High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Construction Materials: Concrete
Cooling: HVAC
Exclusions: See Remarks
Exterior Features: Display Window, Fencing: Partial, Lighting, Sign: Allowed, Storefront
Floor Space (approx): 6181 Square Feet
Flooring: Mixed
Foundation Details: Slab
Heating: Heat Pump, Mixed
Inclusions: See Remarks
Lot Features: Central Location, Corner Lot, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Sloped
Lot Frontage: 7024 Square Feet
Lot Size: 7024.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Condition: Updated/Remodeled
Property Sub Type: Mixed Use
Road Surface Type: Paved
Water Source: Municipal
Zoning: DTC(Dwntwn Comprehensive)
Sewer:

Courtesy of: Coldwell Banker Oceanside Real Estate

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.

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Market Price Trends

Single family detached

2.29%

Price change (1 year)

45.63%

Price change (5 years)

All Properties

0.96%

Price change (1 year)

43.07%

Price change (5 years)

Location of 81 Trunk Rd, Duncan, BC, V9L 2N7

Lifestyle
Neighbourhood

Demographic Information of 81 Trunk Rd, Duncan, BC, V9L 2N7

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$82,743.28

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.75 %

High school certificate or equivalent

36.28 %

Apprenticeship trade certificate/diploma

10.87 %

College/non-university certificate

21.35 %

University certificate (below bachelor)

1.28 %

University Degree

11.47 %

Commuter

Travel To Work

By Car

86.65 %

By Public Transit

0.0 %

By Walking

11.69 %

By Bicycle

0.0 %

By Other Methods

1.66 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.9 %

Houses

36.1 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 81 Trunk Rd, Duncan, BC, V9L 2N7

Demographic Information of 81 Trunk Rd, Duncan, BC, V9L 2N7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

81 Trunk Rd, Duncan, BC, V9L 2N7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing