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199 Kenvir Rd in Lake Cowichan: Du Lake Cowichan Industrial for sale (Duncan) : MLS®# 1021704

199 Kenvir Rd Lake Cowichan V0R 2G0 : Du Lake Cowichan

Main Photo: 199 Kenvir Rd in Lake Cowichan: Du Lake Cowichan Industrial for sale (Duncan)  : MLS®# 1021704banner
$1,100,000
Prop. Type:
Commercial Sale
MLS® Num:
1021704
Status:
Active
Exceptional opportunity to acquire the land and building of a long-term, successful auto repair and tire shop. This offering features a stabilized capitalization rate of 6.20% (based on a tenant paying $18 per sq ft NNN for the building and $1 per sq ft NNN for approx. 10,000 sq ft of exterior storage area). A prospective buyer can continue the current use, but the building also has potential for other uses under permitted zoning (C1 General Commercial Zone). The seller is willing to include equipment and inventory for additional consideration. Lake Cowichan is a thriving lakeside community with easy access to Duncan and S. Vancouver Island. Phase 1 & 2 reports available as of August 29, 2025. Recent upgrades include a new heat pump and improvements to both the exterior and interior. DO NOT APPROACH OWNER OR STAFF REGARDING THIS LISTING. Buyer to rely on their own due diligence regarding value. The owner appreciates the community's decades of support and looks forward to retirement.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Du Lake Cowichan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure0.501 acre(s)
Taxes:
$12,139.98 / 2025
Construction:
Block
Foundation:
Slab
Floor finish:
Mixed
Total Building Area:
Switch units of measure3,478 sq. ft.
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
HVAC
Heating:
Heat Pump, Mixed
Fireplace:
No
See Remarks
See Remarks
Display Window, Lighting, Low Maintenance Yard, Sign: Allowed, Sign: Dir Brd, Sign: Lighted, Storefront
Corner of Neva and Lake Cowichan Rd
Main Level
0
Yes
No
Unrestricted
Assessed:
698000.0
Assessment year:
2025
Jurisdiction name:
Town of Lake Cowichan
Legal Description:
LOT 1, PLAN VIP12606, SECTION 6, RENFREW LAND DISTRICT, EXCEPT PLAN 2762 R/W, (SITUATE IN COWICHAN LAKE DISTRICT)
Zoning:
C1(General Commercial)
Occupancy:
Owner
Lot Site Features:
Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, Recreation Nearby, Serviced, Shopping Nearby
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
1
Original Price:
1100000.0
Listed by Coldwell Banker Oceanside Real Estate and Sutton Group-West Coast Realty (Dunc)
Data was last updated December 11, 2025 at 12:05 PM (UTC)
MIKE EDDY
Superior MLS® Search

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.