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.
Data was last updated July 29, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,650,000
Min list price:
$995,000
Max list price:
$14,000,000
Avg days on market:
115
Min days on market:
14
Max days on market:
735
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. This data is not produced by the MLS® system.