We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
199 Kenvir Rd, LAKE COWICHAN
2025-12-10
Quick Summary
MLS®#1021704
Property 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. (id:32467)
Property Features
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
Features
- Feature: Central location, Level lot, Corner Site, Partially cleared, Other
Land
- Land Size: 0.5 ac
Ownership
- Type: Freehold
Zoning
- Description: C1(General Commercial)
Information entered by Coldwell Banker Oceanside Real Estate
Listing information last updated on: 2025-12-10 20:31:45
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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Per Dahlstrom REALTOR®
- Phone:
- (250) 732-3137
- Mobile:
- (250) 732-3137
- Email:
- oneper@shaw.ca
- Support Area:
- Duncan, Cowichan Bay, Mill Bay, Ladysmith, Chemainus, Cowichan Lake, Crofton, Shawnigan Lake, Lake Cowichan, Youbou, Honeymoon Bay, Saltair, Cobble Hill, Langford, Malahat, Cedar, Mill bay
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