Sites & Buildings - Retail, For Sale

33 S Shore Rd

33 S Shore Rd Lake Cowichan Vancouver Island and Coast Cowichan Valley Retail $950,000 11,800 SF
 

PRICE REDUCED | CAP RATE 7.45% The Vendor has exclusively retained Form Retail Advisors Inc. (the “Agent”) to facilitate the sale of its 100% freehold interest in 33 South Shore Road (the “Subject Property”). The Subject Property is a single-tenant, triple-net investment opportunity located in the Town of Lake Cowichan, located approximately 30 KM west of the Trans Canada Highway and the City of Duncan. - Large 39,400 square foot lot improved with a commercial building leased to FHC Enterprises Ltd., (corporate covenant of Fields, a regional grocery and household goods chain) who recently renewed their lease for a further five (5) years, expiring August 2022 - Strong regional covenant providing stable and consistent cash flow with significant future redevelopment potential, by way of waterfront residential development - Located in the central portion of the primary commercial development strip, with a mix of residential and commercial uses in the adjacent areas - Subject Property benefits from having five separate legal titles which allows for greater flexibility for development

 

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Berkey's Corner is a commercial real estate opportunity in BC.

Berkey's Corner

Lake Cowichan, Cowichan Valley, Vancouver Island and Coast

 
 
 

Community Profile: Lake Cowichan

Vancouver Island and Coast
Cowichan Valley

The Town of Lake Cowichan is located at the east end of Cowichan Lake whch is the second largest lake on Vancouver Island. The town is located in the beautiful Cowichan Region which is situated between Nanaimo and Victoria.

Statistics
Total Population 3,226
Median Household Income $53,440 ($CDN)
Closest Commercial Airport Nanaimo Airport (60km)
Closest Ocean Port Chemainus (29km)
Closest Major Centre Victoria (81km)
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