14
Days on Market
Description
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 Details
| Property Type | Commercial Sale |
| Property Sub Type | Office |
| Listing ID | 1025353 |
| Status | Active |
| City | Duncan |
| Area | Duncan |
| Sub-Area | Du West Duncan |
| Postal Code | V9L 1E8 |
| Property Taxes | $16,686.38 (2025) |
| Zoning | P-1 |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Heat Pump |
| Cooling | Air Conditioning |
| Exterior Features | Fencing: Partial,Security System,Sign: Allowed |
| Construction | Frame Wood,Insulation All,Vinyl Siding |
| Foundation | Poured Concrete |
| Listed Date | Feb 6, 2026 |
| Ownership | Freehold |
| Lot Size | 0.95 acres |
Building Details
| Heating | Heat Pump |
| Stories | -1 |
Additional Information
| Features | Level lot, Other, Rectangular |
| Land Size | 0.95 ac |
| Land Access | Road access |
| Building Type | Offices |
| Transaction | For sale |