Address
607 Coronation Ave Duncan, BC
Price
$ 999,000
Property Attributes
  • ID#891775
  • TypeCommercial
  • CityDuncan
  • AreaDuncan - City of
  • NeighbourhoodDuncan
  • Postal CodeV9L 2V1
  • Style
  • Taxes$ 7386
  • Price$ 999,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size6,200 SqFt
Listing Provided Courtesy Of:
Paul Jahn with Royal LePage Wolstencroft Realty
Data Source:
RLP - CREA EN
Property Description

This family-owned Convenience store has been a pillar of the community in Duncan for many decades. Just a 45 - minute drive from the Nanaimo Ferry to Vancouver, and an hour to Victoria Ferry. This is the only commercial zoned lot in the area surrounded by residential limiting competition. Zoning allows for mixed-use development providing a good long-term investment opportunity. The store comes with a 3 Bedroom house attached, perfect for owner operator or to provide accommodation for a live-in manager couple. Sales increasing year- over-year. No franchise fees, no gas company to deal with. Current owners have raised their family supported by this business and are ready to retire. Plenty of upside for new owner willing expanding offerings and open hours. Flexible zoning allows for restaurant, retail, office, etc. Take advantage of low interest rates to build equity, have a place to live and earn a solid income without having to leave home.

Exterior Features

Lot Frontage 6200
Lot Size 6200
Jumpid 16790906
Mls 891775

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9L 2V1

Price
AVG $1,000K
$1,000K
Taxes
AVG $7,386
$7,386
Visits
AVG 8
7
Walkscore
AVG 86
86
Data Provided by Walkscore ® not using MLS data