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∼ MLS No. 873520 ∼

550 Cairnsmore St, Duncan, BC V9L 2A1$5,250,000

550 Cairnsmore Street, Duncan, BC, Canada


  • Type: Other
  • Year Built:
  • Property Tax:
  • Approx. Sq Ft: 57,498

COMMERCIAL MIXED-USE DEVELOPMENT This portfolio consists of 4 PID(s) offering a total of 1.31 acres and has an array of opportunity. The property provides holding income within the existing multi-tenant complex. Located on the main artery fronting both Cairnsmore St and Government St within the City of Duncan, this location is prime.

There are several potential opportunities for this property: Continue to generate income with the two anchor tenants and second level apartments, or; Develop the land surrounding the existing 7,290 SF buildings for additional commercial usages; or Completely redevelopment the entire 1.31-acre property for a new project such as a multi-unit mixed-use commercial/residential development. With Neighborhood Commercial Mixed-use zoning, there are numerous potential usages for this portfolio.

This is the type of acquisition that you can utilize to generate income while you plan out a strategic approach for the years to come.


Location


Get In Touch With ...

Kristie Haz, Personal Real Estate Corporation

khaz@naicommercial.ca