10860 Chemainus Rd, UI Duncan

$1,634,000

0 Beds
0 Baths
4,300 Sqft
2.53 Acres
0 Garages

A Unique Mixed Commercial property, fully leased consisting of 15 rental pad sites, 4600 sq.ft.commercial concrete block building on major highway with high vehicular count as well as 1 Single Family Dwelling with Duplex potential. The property has significant NOI and 6.25% cap rate, with live in management included. The existing financing (3.99%) an be increased to 70% LTV. MHP is 55+ and has had no vacancies in the last 15 years. Potential owner occupancy of the commercial building is possible.

Essential Information
MLS® #411935
Price$1,634,000
Square Footage4,300
Acres2.53
TypeCommercial
Sub-TypeBusiness
StyleMulti-Family
StatusCurrent
Community Information
Address10860 Chemainus Rd
SubdivisionUIDu Saltair
CityUI Duncan
ProvinceBC
Postal CodeV9G 2A4
Exterior Features

Outdoor Lighting, Parking, Sign: Dir Brd, Sign: Pylon, Storage Shed

Additional Information
Date ListedJune 6th, 2019
Days on Market125
ZoningC-2A
Office

Coldwell Banker Oceanside Real Estate

Property History
Price Reduced from $1,639,000 to $1,634,000
Price Reduced from $1,750,000 to $1,639,000
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