Main Photo: 6468 Norcross Rd in Duncan: Du West Duncan Mixed Use for sale : MLS®# 951108
Photo 1: 6468 Norcross Rd in Duncan: Du West Duncan Mixed Use for sale : MLS®# 951108
Photo 2: 6468 Norcross Rd in Duncan: Du West Duncan Mixed Use for sale : MLS®# 951108
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Photo 34: 6468 Norcross Rd in Duncan: Du West Duncan Mixed Use for sale : MLS®# 951108
Status:
Pending
Prop. Type:
Commercial Sale
MLS® Num:
951108
ACCEPTED OFFER S/O 05/21/24 - Discover an exceptional real estate opportunity with this 0.55-acre property, partially fenced and strategically located within the Bell McKinnon Local Area Plan, a prime growth and development zone designated by the Municipality of North Cowichan. Boasting C2 zoning, this property presents endless possibilities for businesses with its current allowance of 100% lot coverage. The existing office building comes with abundant parking and a bonus one-bedroom apartment, offering an attractive rental income potential. The property is turnkey and conveniently situated just a short stroll away from the Cowichan Commons shopping center. The seller has recently secured an Approved Development Permit to construct a new accessory building spanning 2817 sqft. The proposed site coverage is a modest 19.2%, well below the allowed 100%, providing room for expansion and further development. Act now to seize this lucrative investment opportunity, this is priced to sell.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale of Assets
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.55 acre(s)
Taxes:
$12,418 / 2022
Building Features:
Fire Alarm, Kitchen/Staff Room, Laundry Room, Parking, Security System, Storage Room
Construction:
Frame Wood, Insulation All, Wood
Foundation:
Concrete Perimeter
Floor finish:
Carpet, Laminate
Total Building Area:
1,800 sq. ft.
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Fireplace:
No
Fenced, Fencing: Partial, Low Maintenance Yard, Sign: Allowed
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Development Permit available upon request.
Assessed:
983000.0
Assessment year:
2023
Jurisdiction name:
District of North Cowichan
Legal Description:
Lot 1, Section 4, Range 5, Somenos District, Plan 11255
Zoning:
C2
Lot Site Features:
Cleared, Easy Access, Level, Pie Shaped Lot, Serviced, Shopping Nearby
Parking Features:
On Site
Total Units:
2
Date Listed:
Jan 15, 2024
Original Price:
950000.0
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Listed by eXp Realty, pending date May 24, 2024
Data was last updated June 16, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$1,124,500
Min list price:
$25,000
Max list price:
$14,800,000
Avg days on market:
148
Min days on market:
16
Max days on market:
348
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.
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.