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608 Coronation Av
Duncan, BC V9L 2V2
Coronation Market · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
3,500 SF
Building Class
C
Year Built
2022
Tenancy
Single
Building Height
2 Stories
Building FAR
0.59
Lot Size
0.14 AC
Zoning
LDR - lower density residential
Parking
2 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
162’ on Coronation Avenue

About 608 CORONATION AV , DUNCAN, BC V9L 2V2

This family-owned Convenience store has been a pillar of the community for many decades. Located in the heart of a growing residential neighborhood inside the City of Duncan, Vancouver Island. Just a 45-minute drive from the Nanaimo Ferry to Vancouver, and an hour to Victoria Ferry. This is the only commercial zoned lot in the area surrounded by residential limiting competition. Zoning allows for mixed-use development providing a good long-term investment opportunity. The store comes with a 3 Bedroom house attached, perfect for owner operator or to provide accommodation for a live-in manager couple. Sales increasing year-over-year. No franchise fees, no gas company to deal with. Current owners have raised their family supported by this business and are ready to retire. Plenty of upside for new owner willing expanding offerings and open hours. Flexible zoning allows for restaurant, retail, office, etc. Take advantage of low interest rates to build equity, have a place to live and earn a solid income without having to leave home.

  • Listing ID: 25996199

  • Date on Market: 2022-06-22

  • Last Updated:

  • Address: 608 Coronation Av, Duncan, BC V9L 2V2

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