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Listed price in listed location currency (CAD).
$1,180,000
$1,100,000

000

MLS® 1021704

  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage 
Taxes $12,140
Lot Size 
Approx. Age 
MLS® Number 1021704

Property Address: 199 Kenvir Rd, Lake Cowichan, BC, V0R2G0

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1021704
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Feb 25, 2026End Date
$1,180,000Sold Price

Sold

Dec 10, 2025List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
199 Kenvir Rd, Lake Cowichan, BC

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