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199 Kenvir Rd
Du Lake Cowichan
Lake Cowichan
V0R 2G0
$1,100,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1021704
- Photos (21)
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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
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Du Lake Cowichan, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.501 acre(s)0.2 hectare(s)
- Taxes:
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- Construction:
- Block
- Foundation:
- Slab
- Ceiling Heights:
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- Floor finish:
- Mixed
- Total Building Area:
- 3,478 sq. ft.323 m2
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- HVAC
- Heating:
- Heat Pump, Mixed
- Fireplace:
- No
- Pending Date:
- Signup
- 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
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- 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:
- Signup
- Date Listed:
- Dec 10, 2025
- Original Price:
- 1100000.0
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Larger map options:
Listed by Coldwell Banker Oceanside Real Estate and Sutton Group-West Coast Realty (Dunc)
Data was last updated December 17, 2025 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 52
- Avg list price:
- $1,469,950
- Min list price:
- $75,000
- Max list price:
- $12,000,000
- Avg days on market:
- 94
- Min days on market:
- 7
- Max days on market:
- 877
These statistics are generated based on the current listing's property type
and located in
Duncan. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Darren Day
- Day Team Realty Ltd
- 1 (250) 686-9222
- darren@dayteam.com
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.
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