This is a long established building with consistent, reliable cash flow. The well known "Hudson Block" is iconic in down town Duncan. The current tenant mix consists of two ground floor retail units one with basement access and the walk up second floor, which has a number of offices, varying in size. New leases, of varying terms, have been established with start dates this year. The building has been consistently maintained and the roof was replaced in the past few years. Located halfway between Victoria and Nanaimo, the City of Duncan is one of the most vibrant and fastest growing communities on Vancouver Island.
Title:
Freehold
Transaction Type:
Includes Building:
No
Includes Business:
No
Includes Land:
No
Sale/Lease Type:
Sale of Assets
Possession:
Negotiable
Possession Notes:
Subject to existing tenancies
Taxes:
$19,959.61 2024
Year Built:
Additional Rent/SqFt:
Existing Lease Expiration Date:
Business Name:
Business Established:
Gross Income:
Net Income:
Building Details
Building Features:
Basement,High Traffic Area,Leasehold Improvements,Shopping Nearby,Transit Nearby,Visual Exposure
Building Type:
Accessibility:
Construction Foundation:
Poured Concrete,Slab
Exterior Finish:
Display Window,Sign: Allowed,Storefront
Exterior Features:
Display Window,Sign: Allowed,Storefront
Cooling:
HVAC,Partial
Heat:
Electric,Heat Pump
Approx. Value of Fixed Equip:
Parking Spaces:
Stories:
Lot Information
SqFt:
4228
Acres:
0.10
Total SqFt:
Lot:
Lot Shape:
Lot Features:
Central Location,Easy Access,Level,Shopping Nearby,Sidewalk
Lot Frontage:
Water:
Municipal
Waste:
Sewer Connected
Parking:
Location Features:
Central Location,Easy Access,Level,Shopping Nearby,Sidewalk
Strata Information
Complex:
Managed By:
Monthly Assessment:
$
Shared Amenities:
Elizabeth C. Biberger - Personal Real Estate Corporation
Direct: 250-746-3077Toll-Free: 1-800-933-3156
Contact Me »
Listed with:
Royal LePage® Duncan Realty
Phone: 250-746-6621