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VIP75847 Cowichan Valley Hwy
Du West Duncan Duncan V9L 6E4

$3,200,000
Commercial Sale

Main Photo: VIP75847 Cowichan Valley Hwy in Duncan: Du West Duncan Industrial for sale : MLS®# 945285
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Status:
Sold
Sold Date:
Feb 21, 2024
Sold Price:
$3,200,000
Sold in:
133 days
Prop. Type:
Commercial Sale
MLS® Num:
945285
Rare Industrial Development Opportunity in Southern Vancouver Island - 59.3 Acres. Take advantage of the limited inventory in S Vancouver Island, where Light Industrial rental rates are among the highest in Canada. This property is located near one of the fastest growing communities in BC, just 10km from the Bell McKinnon (North Cowichan/Duncan) area. The region is currently witnessing the construction of a new regional hospital and the planning of multiple high-density multi-family projects. Situated 75km N of Victoria and 70KM S of Nanaimo, this property offers convenient access to major cities and transportation hubs. It also benefits from an issued Development Permit for an 11-lot Industrial subdivision. The zoning permits a wide range of uses; warehousing, mini-warehousing with outdoor storage, automotive repair/wrecking/part sales, boat building/storage, building supply retailing/wholesale, equipment sales /rental /repair /storage, food processing, manufacturing, recycling...
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Land
Lease Type:
Sale of Assets
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
59.3 acre(s)
Taxes:
$18,219 / 2022
Commercial Area:
Other
Fireplace:
No
Pending Date:
Feb 05, 2024
Date Sold:
Feb 21, 2024
Approximately 10KM past the Trans Canada Hwy turn off. The property is across the Cowichan Valley HWY from Paldi Rd.
Main Level
0
Yes
No
Unrestricted
Assessed:
1568000.0
Assessment year:
2023
Jurisdiction name:
Duncan Rural (766)
Legal Description:
Lot 1, Block 162, Plan VIP75847, Seymour Land District
Zoning:
I-1 - Light Industrial
Occupancy:
Vacant
Utilities:
See Remarks
Lot Site Features:
Easy Access, Irregular Lot, See Remarks
Road Frontage Type:
Highway
Total Units:
1
Date Listed:
Oct 11, 2023
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    Approved Development Permit for 11 Lots
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Listed by Coldwell Banker Oceanside Real Estate, sold on February, 2024
Data was last updated July 12, 2025 at 12:05 PM (UTC)
JEFF MEYER
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.