3088 Gibbins Rd, Duncan BC V9L 1E8
$3,490,000
00
3088 Gibbins Rd, Duncan BC V9L 1E8 - Office for Sale in Duncan, BC
This 0 bedroom, 0 bathroom office is listed for sale at $3,490,000 in Duncan, British Columbia. Lot size: 41,382 sq ft (0.95 acres).MLS® #1025353.
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
Looking for homes for sale in Duncan? Browse Duncan real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Duncan area.
$3,490,000
For Sale
1 / 8
3088 Gibbins Rd, Duncan BC V9L 1E8
Duncan, BC V9L 1E8
MLS® #1025353
Royal LePage Duncan Realty
0beds
0baths
Property Details
Property Type
Office
Lot Size
41,382 sq ft(0.95 acres)
Bedrooms
0
Bathrooms
0
Area
Duncan
Neighborhood
West Duncan
MLS® Number
#1025353
Gibbins Rd Market Report
View comprehensive market analysis for Gibbins Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Gibbins Rd Market ReportDescription
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
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$18,950
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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Property Location
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