Featured exterior photo of 3088 Gibbins Rd, Duncan, BC
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Days On Market: 81
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Commercial Sale

$3,490,000
3088 Gibbins Rd, Duncan, BC

Address

3088 Gibbins Rd, Duncan, BC

Price

$3,490,000

Property Description

Here is an excellent opportunity for a long term, cashflow investor. This 7,253 sq' building has been occupied by the Vancouver Island Health Authority since 1988 and has a new 5 year term starting in September 2026. At that point the property will produce a 5.5% cap at the asking price. The building and property are in excellent shape with many upgrades having been completed. A partial list includes, complete remodel of the interior, new paved parking area, heat pumps repaired or replaced (as needed), all lighting replaced with LED etc. This 41,580 sq' property represents one of the best investment opportunities in the increasingly popular Cowichan Region on Southern Vancouver Island

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Contact Scott Parker Personal Real Estate Corporation for more information

(250) 751-1223
scott@scottparker.ca
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Property Details

MLS® Number: 1025353
Property Type: Commercial Sale
Property Subtype: Office
Status: Active
Lot Size: 0.95 acres
Area: Duncan - Du West Duncan
Annual Tax: $16,686 (2025)
Days on Market: 81 days

Additional Property Details

Building Type: Offices
Cooling: Air Conditioned

Property Features & Amenities

Features: Level lot, Other, Rectangular

Parking & Land Details

Land Size: 0.95 ac
Land Access: Road access
Acreage: false

Landscape & Property Information

Irregular Land Size: 0.95
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1025353

Property Photos

Property Landing Page Open shareable magazine-style page

Property Location

3088 Gibbins Rd, Duncan, BC

Listed by Royal LePage Duncan Realty

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