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.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building
Year built:
1997
(Age: 28)
Lease Type:
Sale Price
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
-
(Full:-/Half:-)
Taxes:
$7,615 /
2023
Construction:
Block
Number of Storeys:
2
Total Building Area:
5,431 sq. ft.505 m2
Commercial Area:
Not Applicable
Heating:
Baseboard, Heat Pump, Natural Gas
Fireplace:
No
Display Window, Fencing: Partial
Main Level
Financing Notes:
3% 1st 100k & 1.5% on bal if physically intro'd to property by coop brokerage, otherwise $1000 + gst
Assessed:
697200.0
Assessment year:
2024
Jurisdiction name:
Duncan Rural (765)
Legal Description:
STRATA LOTS 21 & 22, PLAN VIS4621, SECTION 12, RANGE 7, QUAMICHAN LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1
Listed by Sotheby's International Realty Canada (Vic2)
Data was last updated January 22, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,544,450
Min list price:
$380,000
Max list price:
$14,800,000
Avg days on market:
113
Min days on market:
50
Max days on market:
548
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.