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725 Canada Ave , #715

Duncan, BC V9L 1V1
  • $1,299,888
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 922203
UPDATED: 35 min ago
$1,299,888
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
Area:

School Ratings & Info

School District:

Description

INVEST IN YOUR SELF!! OPPORTUNITY KNOCKS ONCE! 4275 sqft FULLY LEASED commercial/retail building (almost equally split into 2 units ) @ 715 /725 Canada Ave Duncan B.C. , has been updated with attractive faade and entrances to 2 office COMPLEXES, recent roof, upgrades and leasehold improvements. 2019 sqft of this building is currently leased for 2 more years (till Jan.'25) at $12 .98 per sq.ft. + triple net costs. the remaining office space of 2250 sq ft. also leased @ 13.80/sq.ft.+ triple net is till July 31, 2024 Great opportunity OCCUPY / OPERATE YOUR BUSINESS from your own space " in time ,down the road" and have income too. Recent commercial appraisal on hand as well as full video doll house 3D interactive walk throughs , floor plans and stills are available for both units. DO NOT CONTACT OR DISTURB CURRENT TENANTS BUT DRIVE / WALK BY AND CONSULT LISTING SALESPERSON FOR ALL INFO REQUIRED

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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 Martin Velsen Real Estate Team | RE/MAX of Nanaimo. 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: 2023-03-29T17:22:11.73.
www.westcoastrealtor.com/homes/136547826
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725 Canada Ave , #715 Duncan, BC V9L 1V1

  • Price: $1,299,888
  • Status: Active
  • On Site: 58 Days
  • Updated: 35 min ago
  • MLS #: 922203
0
Beds
0
Baths
0
½ Baths
0.21
Acres
Neighbourhood:
Du West Duncan
Area:
Duncan
School District:
Duncan, City Of
Property Description
INVEST IN YOUR SELF!! OPPORTUNITY KNOCKS ONCE! 4275 sqft FULLY LEASED commercial/retail building (almost equally split into 2 units ) @ 715 /725 Canada Ave Duncan B.C. , has been updated with attractive faade and entrances to 2 office COMPLEXES, recent roof, upgrades and leasehold improvements. 2019 sqft of this building is currently leased for 2 more years (till Jan.'25) at $12 .98 per sq.ft. + triple net costs. the remaining office space of 2250 sq ft. also leased @ 13.80/sq.ft.+ triple net is till July 31, 2024 Great opportunity OCCUPY / OPERATE YOUR BUSINESS from your own space " in time ,down the road" and have income too. Recent commercial appraisal on hand as well as full video doll house 3D interactive walk throughs , floor plans and stills are available for both units. DO NOT CONTACT OR DISTURB CURRENT TENANTS BUT DRIVE / WALK BY AND CONSULT LISTING SALESPERSON FOR ALL INFO REQUIRED
Exterior Features

Construction Materials BlockFrame WoodStucco & Siding Entry Location Main Level Exterior Features Display WindowSign: AllowedStorefront Lot Features Central LocationEasy AccessLevelServicedSidewalk Parking Features On Site Parking Total 10 Road Frontage Type HighwayLaneStreet Road Surface Type Paved View City View YN Yes Waterfront YN No

Interior Features

Cooling None Cooling YN No Fireplace YN No Flooring Mixed Foundation Details Concrete PerimeterSlab Heating BaseboardElectricForced AirHeat PumpNatural GasMixed Heating YN Yes

Property Features

Building Features Kitchen/Staff RoomLeasehold ImprovementsParkingShopping NearbyStorage RoomTransit NearbyVisual Exposure Existing Lease Type Sale Price Gross Income 85000 Inclusions Real Estate Net Operating Income 42000 New Construction YN No Number Of Units In Community 2 Operating Expense 43000 Ownership Freehold Property Condition Updated/Remodeled Property Sub Type Office Rental Allowed Unrestricted Sewer Sewer To Lot Tax Annual Amount 18288.76 Tax Jurisdiction City Of Duncan Tax Year 2022 Utilities Cable AvailableElectricity AvailableElectricity ConnectedGarbageNatural Gas ConnectedPhone ConnectedRecycling Water Source Municipal Youngest Age Allowed 0 Zoning C-1

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Maxxam Realty Ltd. 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 Martin Velsen Real Estate Team | RE/MAX of Nanaimo. 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: 2023-03-29T17:22:11.73.
 
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Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8