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$ 7,375,000
Est. payment /mo
Price Dropped by $885K
2699 Sahilton Rd Duncan, BC V9L6V6
9.05 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other, See Remarks
Listing Status Active
Purchase Type For Sale
Subdivision East Duncan
MLS® Listing ID 1046298
Lot Size 9.050 Acres
Acres 9.05
Property Sub-Type Other, See Remarks
Property Description
Diversified industrial investment offering multiple income streams. The property includes a 315-unit self-storage operation (287 lockers, 22 uncovered and 6 covered RV/boat spots) alongside a mix of tenanted industrial buildings — currently operating at high occupancy. Estimated ~7.60% cap rate on the stabilized listing price - (derived from August 2026 C & R Appraisal data). Sale includes the interest in the existing 99-year land lease, expiring August 31, 2115; assets located on Cowichan Indian Reserve No. 1. A further 5 acres of land may become available for expansion, subject to final Cowichan Tribes approval and additional consideration. Positioned in the Cowichan Valley south of Duncan, roughly midway between Victoria and Nanaimo. Proposed transaction must be structured as a Share Sale — contact listing agent for details. Do not approach owners or tenants, and do not access the site without prior approval. All measurements are approximate only and should be verified by Buyer. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N Yes
View Mountain view, Valley view
Attached Garage No
Garage No
Private Pool No
Others
Ownership Other, See Remarks
Virtual Tour https://buildout.com/website/1676549-sale
Listed by Coldwell Banker Oceanside Real Estate