Cowichan Valley
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1025353
- Photos (5)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Here is an excellent opportunity for a long term, cashflow investor. This 7,253 sq' building has been occupied by the Vancouver Island Health Authority since 1988 and has a new 5 year term starting in September 2026. At that point the property will produce a 5.5% cap at the asking price. The building and property are in excellent shape with many upgrades having been completed. A partial list includes, complete remodel of the interior, new paved parking area, heat pumps repaired or replaced (as needed), all lighting replaced with LED etc. This 41,580 sq' property represents one of the best investment opportunities in the increasingly popular Cowichan Region on Southern Vancouver Island
- Property Type:
- Commercial Sale
- Type:
- Office
- Commercial Type:
- Building, Land
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Du West Duncan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.95 acre(s)
- Lot Details:
- 132x315
- Taxes:
- Signup
- Building Features:
- Leasehold Improvements, Parking, Transit Nearby
- Construction:
- Frame Wood, Insulation All, Vinyl Siding
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Leasable Area:
- 7,253 sq. ft.
- Commercial Area:
- Signup
- Subdivisable Area:
- Yes
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning
- Heating:
- Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Leasehold Improvements
- Fencing: Partial, Security System, Sign: Allowed
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Lot Site Features:
- Easy Access, Landscaped, Level, Rectangular Lot, Serviced
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Feb 06, 2026
- Original Price:
- 3490000.0
-
Photo 1 of 5 -
Photo 2 of 5
-
Photo 3 of 5
-
Photo 4 of 5
-
Photo 5 of 5
Listed by Royal LePage Duncan Realty
Data was last updated February 8, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 18
- Avg list price:
- $1,575,000
- Min list price:
- $65,000
- Max list price:
- $12,000,000
- Avg days on market:
- 140
- Min days on market:
- 1
- Max days on market:
- 929
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.
- Cheryl Barnes
- Macdonald Realty Victoria
- 1 (250) 4137943
- Contact by Email