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3045 Drinkwater Rd
Du West Duncan Duncan V9L 6C6

$3,188,000
Commercial Sale

Main Photo: 3045 Drinkwater Rd in Duncan: Du West Duncan Unimproved Land for sale : MLS®# 995703
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
995703
This prime 9.11-acre parcel offers a distinctive investment opportunity with multiple potential uses. Zoned for agriculture, the land is ideal for various developments, including residential units, modular homes, veterinary clinics, and craft distilleries. Strategically located adjacent to Cowichan Commons, a major retail hub encompassing over 500,000 sq ft, the property benefits from high visibility and traffic. Cowichan Commons serves the entire Cowichan Valley District and is anchored by leading national retailers such as Walmart, Best Buy, Home Depot, and Canadian Tire. The property's accessibility from the Trans-Canada Highway further enhances its appeal for both residential and commercial developments. Overall, the Subject Property represents a rare and lucrative opportunity to invest in a highly desirable and strategically located property with diverse development potential, poised to benefit from the growth and demand in the Cowichan Valley District
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
9.11 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Sewer:
Sewer To Lot
Fireplace:
No
Pending Date:
City, Mountain(s)
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of North Cowichan
Legal Description:
Zoning:
A-1
Units in Building:
Units in Community:
Occupancy:
Vacant
Lot Site Features:
Acreage, Level, Shopping Nearby
Road Surface Type:
Paved
Total Units:
Date Listed:
Apr 15, 2025
Original Price:
3188000.0
  • Photo 1: 3045 Drinkwater Rd in Duncan: Du West Duncan Unimproved Land for sale : MLS®# 995703
    Photo 1 of 1
Listed by Marcus & Millichap and Royal LePage - Wolstencroft
Data was last updated May 19, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,650,000
Min list price:
$380,000
Max list price:
$15,000,000
Avg days on market:
166
Min days on market:
13
Max days on market:
664
These statistics are generated based on the current listing's property type and located in Du West Duncan. Average values are derived using median calculations.
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.