$1,325,000
$1,489,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 07/31/2025
Key Details
Sold Price $1,325,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 982774
Sold Date 07/31/25
Year Built 1997
Annual Tax Amount $7,615
Tax Year 2023
Property Sub-Type Industrial
Property Description
5.431 SQ. FT. double unit light industrial space with updated 2-bed suite in the Erik Melgaard Business Park. Separate strata titles for each unit with outdoor LCP & PYA (Private Yard Area) spaces. PYA is fenced 5,532 sq. ft. for loading/unloading or storage. LCP area in front of each unit. Each strata lot has a 16' high bay door. Power to the shop is 200 amps-600 volt, 3-phase and 200 amp service to the suite. Main shop area is 2400 sq. ft. with 18' ceilings, natural gas radiant ceiling heat. Main floor office/showroom space is 633 sq. ft. with reception, private office, & open office area & 2-piece bath. Upstairs is updated 2-bed suite with 4-piece bath, full kitchen, and laundry. Suite has baseboard heat and a heat pump for heat and air conditioning. Currently used as office space, the suite could generate excellent rental revenue or be owner-occupied while the new owner gets their business up and running. I-1 Light Industrial zoning has a myriad of uses. Business is not for sale.
Location
Province BC
County Cowichan Valley Regional District
Area Du West Duncan
Zoning I-1
Interior
Heating Baseboard, Heat Pump, Natural Gas
Exterior
Exterior Feature Display Window, Fencing: Partial
Parking On Site 1
Building
Story 2
Structure Type Block
Others
Restrictions Restrictive Covenants
Ownership Freehold/Strata
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Coldwell Banker Oceanside Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "