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3997 Drinkwater Rd

Duncan, BC V9L 5Z6
  • $799,900
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 926185
UPDATED: 67 min ago
$799,900
  • 0
    BEDS
  • 10
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
Area:

Description

Great place to park your money for future investment or current business place opportunity. Offering a 25% share in the land and buildings, 50% can also be purchased at a negotiated price. Build a two story office and look over the racetrack for your entertainment! The zoning allows for almost any manufacturing you can think of. Currently most of it is leased but there is approx 2 acres out of the 10 still to be utilized, when rented the cap rates increases, currently approx 5-6%. Includes a large state of the art licensed production facility almost ready to begin operations, possible to buy into a percentage of this business as well. Central Vancouver Island is poised to comfortably ride out a recession as so many in Canada are making their way to enjoy our mild Mediterranean climate. The Cowichan Valley is know for its sustainable lifestyle and outrageous Beauty. The park is located in central southern Vancouver Island and only 25 mins to the ferry and airport.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-03-24T19:22:29.407.
www.callvictoriahome.com/homes/137619783
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3997 Drinkwater Rd Duncan, BC V9L 5Z6

  • Price: $799,900
  • Status: Active
  • On Site: 13 Days
  • Updated: 67 min ago
  • MLS #: 926185
0
Beds
0
Baths
0
½ Baths
10
Acres
Neighbourhood:
Du West Duncan
Area:
Duncan
School District:
Cowichan Valley Regional District
Property Description
Great place to park your money for future investment or current business place opportunity. Offering a 25% share in the land and buildings, 50% can also be purchased at a negotiated price. Build a two story office and look over the racetrack for your entertainment! The zoning allows for almost any manufacturing you can think of. Currently most of it is leased but there is approx 2 acres out of the 10 still to be utilized, when rented the cap rates increases, currently approx 5-6%. Includes a large state of the art licensed production facility almost ready to begin operations, possible to buy into a percentage of this business as well. Central Vancouver Island is poised to comfortably ride out a recession as so many in Canada are making their way to enjoy our mild Mediterranean climate. The Cowichan Valley is know for its sustainable lifestyle and outrageous Beauty. The park is located in central southern Vancouver Island and only 25 mins to the ferry and airport.
Exterior Features

Entry Location Main Level Parking Features On Site Road Surface Type Paved View YN No Waterfront YN No

Interior Features

Fireplace YN No Heating YN No

Property Features

Existing Lease Type Sale Of Shares Ownership Freehold Property Sub Type Industrial Rental Allowed Unrestricted Tax Annual Amount 33562 Tax Jurisdiction Duncan Rural (766) Tax Year 2022 Youngest Age Allowed 0 Zoning I2

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Re/Max Generation (Lc) and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-03-24T19:22:29.407.
 
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Call Victoria Home | Sutton Group-West Coast Realty
103 4400 Chatterton Way
Victoria BC, V8X5J2