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$ 1,325,000
$ 1,489,000 11.0%
Est. payment /mo
Sold on 07/31/2025
4970 Polkey Rd #21-22 Duncan, BC V9L 6W3
UPDATED:
Key Details
Sold Price $1,325,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 982774
Sold Date 07/31/25
Year Built 1997
Annual Tax Amount $7,615
Tax Year 2023
Property Sub-Type Industrial
Property Description
5.431 SQ. FT. double unit light industrial space with updated 2-bed suite in the Erik Melgaard Business Park. Separate strata titles for each unit with outdoor LCP & PYA (Private Yard Area) spaces. PYA is fenced 5,532 sq. ft. for loading/unloading or storage. LCP area in front of each unit. Each strata lot has a 16' high bay door. Power to the shop is 200 amps-600 volt, 3-phase and 200 amp service to the suite. Main shop area is 2400 sq. ft. with 18' ceilings, natural gas radiant ceiling heat. Main floor office/showroom space is 633 sq. ft. with reception, private office, & open office area & 2-piece bath. Upstairs is updated 2-bed suite with 4-piece bath, full kitchen, and laundry. Suite has baseboard heat and a heat pump for heat and air conditioning. Currently used as office space, the suite could generate excellent rental revenue or be owner-occupied while the new owner gets their business up and running. I-1 Light Industrial zoning has a myriad of uses. Business is not for sale.
Location
Province BC
County Cowichan Valley Regional District
Area Du West Duncan
Zoning I-1
Interior
Heating Baseboard, Heat Pump, Natural Gas
Exterior
Exterior Feature Display Window, Fencing: Partial
Parking On Site 1
Building
Story 2
Structure Type Block
Others
Restrictions Restrictive Covenants
Ownership Freehold/Strata
Listed by Sotheby's International Realty Canada (Vic2)
Bought with Coldwell Banker Oceanside Real Estate
Bought with Coldwell Banker Oceanside Real Estate