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
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Photo 34: 6468 Norcross Rd in Duncan: Du West Duncan Mixed Use for sale : MLS®# 951108
Status:
Sold
Prop. Type:
Commercial Sale
MLS® Num:
951108
Sold Date:
Aug 01, 2024
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.
Price:
$950,000
Property Type:
Commercial Sale
MLS® Num:
951108
Status:
Sold
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Listed by eXp Realty, sold on August, 2024
Data was last updated October 6, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,314,000
Min list price:
$150,000
Max list price:
$14,800,000
Avg days on market:
80
Min days on market:
12
Max days on market:
459
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.