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DEVELOPMENT OPPORTUNITY - This ~9.53 acre property, strategically located between Ladysmith and Chemainus, includes the iconic Saltair Neighbourhood Pub, a separate 1,680 sf building (presently used as an art studio), bandshell, closed gazebo and additional outbuildings, within a ~1.92 acre section zoned C-5. The remaining acreage, currently zoned R-2, is partially cleared and buffered by deciduous and coniferous trees closer to the perimeter. This remaining acreage is currently in process of development to allow up to seven, 1 acre lots.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Business, Land
- Lease Type:
- Sale of Assets, Sale Of Shares
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Du Saltair, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 9.53 acre(s)
- Taxes:
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- Building Features:
- Shopping Nearby, Transit Nearby, Visual Exposure
- Construction:
- Wood
- Electricity:
- Yes
- Ceiling Heights:
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- Floor finish:
- Hardwood, Mixed
- Total Building Area:
- 5,214 sq. ft.
- Commercial Area:
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- Water supply:
- Regional/Improvement District
- Sewer:
- Septic System
- Heating:
- Natural Gas
- Fireplace:
- No
- Pending Date:
- Signup
- Equip/Machinery, Fixtures, Goodwill, Real Estate
- Balcony/Patio, Lighting, Sign: Allowed
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Units in Building:
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- Units in Community:
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- Other Equipment:
- Security System, Other Improvements
- Utilities:
- Cable Connected, Electricity Connected, Phone Connected
- Lot Site Features:
- Acreage, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, No Through Road, Park Setting, Private, Shopping Nearby, In Wooded Area
- Parking Features:
- On Site
- Total Parking Spaces:
- 20
- Date Listed:
- Apr 05, 2025
- Original Price:
- 4000000.0
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 994376
Area Statistics
- Listings on market:
- 47
- Avg list price:
- $1,650,000
- Min list price:
- $68,000
- Max list price:
- $14,800,000
- Avg days on market:
- 83
- Min days on market:
- 8
- Max days on market:
- 639
These statistics are generated based on the current listing's property type
and located in
Duncan. Average values are
derived using median calculations.
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Listed by Royal LePage Nanaimo Realty LD
Data was last updated April 24, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 47
- Avg list price:
- $1,650,000
- Min list price:
- $68,000
- Max list price:
- $14,800,000
- Avg days on market:
- 83
- Min days on market:
- 8
- Max days on market:
- 639
These statistics are generated based on the current listing's property type
and located in
Duncan. Average values are
derived using median calculations.
- JEFF MEYER
- eXp Realty Canada
- 1.250.885.2047
- Info@VIREG.ca
