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2765 Chaster Rd
Du West Duncan V0R 2C0

$2,965,000
Commercial Sale built: 1970

Main Photo: 2765 Chaster Rd in : Du West Duncan Other for sale (Duncan)  : MLS®# 866016
Photo 1: 2765 Chaster Rd in : Du West Duncan Other for sale (Duncan)  : MLS®# 866016
Photo 2: 2765 Chaster Rd in : Du West Duncan Other for sale (Duncan)  : MLS®# 866016
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
866016
Year Built:
1970
With exposure and easy access to the Trans Canada HWY this site is ideally located for commercial re-development. The Cowichan Valley and the Duncan area are experiencing high growth and the area is under developed for the commercial real estate needs in the area. The zoning provides for warehousing and wholesale sales, making it ideally situated for a distribution center servicing southern Vancouver Island. In addition, there is a lack of warehouse space in the area and demand is high. The site is also zoned for Motor vehicle sales and would be a good site for a dealership. There are several other permitted uses under the C6 - Village Service Commercial - zoning that would be permitted for this site. The owner is presently using the site as a used car lot and will provide vacant possession. Strategically one of the best commercial sites available on Southern Vancouver Island. LISTING BASED ON LAND VALUE FOR RE-DEVELOPMENT.
Property Type:
Commercial Sale
Type:
Other
Commercial Type:
Building, Land
Year built:
1970 (Age: 51)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3.89 acre(s)
Taxes:
Building Features:
See Remarks
Construction:
See Remarks
Foundation:
Other
Electricity:
Yes
Ceiling Heights:
Floor finish:
Other
Total Building Area:
700 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Other
Heating:
Other
Fireplace:
No
Pending Date:
Fencing: Full, Lighting, Sign: Allowed, Storefront
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Duncan Rural (765)
Legal Description:
Zoning:
C6
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Occupancy:
Owner
Utilities:
Cable Available, Electricity Connected, Garbage, Phone Available, Phone Connected
Lot Site Features:
Central Location, Cleared, Easy Access, Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby
Parking Features:
On Site
Road Frontage Type:
Highway, Street
Road Surface Type:
Paved
Business Type:
Automotive
Total Units:
Date Listed:
Feb 11, 2021
Original Price:
2965000.0
  • Photo 1: 2765 Chaster Rd in : Du West Duncan Other for sale (Duncan)  : MLS®# 866016
    Photo 1 of 2
  • Photo 2: 2765 Chaster Rd in : Du West Duncan Other for sale (Duncan)  : MLS®# 866016
    Photo 2 of 2

Virtual Tour

Listed by Coldwell Banker Oceanside Real Estate
Data was last updated July 25, 2021 at 07:30 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,965,000
Min list price:
$349,900
Max list price:
$6,250,000
Avg days on market:
100
Min days on market:
45
Max days on market:
566
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.
Blaine Thurlow
Michelle Thurlow
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.