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
Address
3045 Drinkwater Rd
List Price
$3,188,000
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Area
Duncan
Sub-Area
Du West Duncan
Lot Size
396831.6 Sq. Ft.
Lot Size (Acres)
9.11 Ac.
MLS® Number
995703
Listing Brokerage
Marcus & Millichap
| Royal LePage - Wolstencroft
Postal Code
V9L 6C6
Tax Amount
$296.97
Tax Year
2024
Amenities
Acreage, Level, Shopping Nearby