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5191 Koksilah Rd
Du East Duncan Duncan V0R 2C0

$3,750,000
Commercial Sale built: 2003

Main Photo: 5191 Koksilah Rd in Duncan: Du East Duncan Retail for sale : MLS®# 921158
Photo 1: 5191 Koksilah Rd in Duncan: Du East Duncan Retail for sale : MLS®# 921158
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
921158
Year Built:
2003
The Cowichan Valley Meat Market (CVMM) is a highly respected and successful market that has served the community since 2003. Ideal for an experienced Buyer that wants to capitalize on the success achieved by the present owners and to continue to serve the needs of the community. The offering is for the shares of CVMM that includes the building, land and equipment (Seller will consider an Asset Sale). The rear of the building was purpose built to fill the needs of a large meat processing and preparation operation (2,440 sq ft). The front of the building is the retail area and includes several refrigerated display cases, a food preparation area and two cashier stations (3,240 sq ft.). The property has excellent visibility on the Trans Canada Hwy and ample onsite parking. Situated just south of Duncan in the core area of the Cowichan Valley. The Cowichan Valley is growing in population and has several major infrastructure projects underway to accommodate future growth.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building, Business, Land
Year built:
2003 (Age: 20)
Lease Type:
Sale Of Shares, See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du East Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.64 acre(s)
Taxes:
Building Features:
High Traffic Area, Kitchen/Staff Room, Loading Bay(s), Parking, Public Restroom(s), Shopping Centre, Shopping Nearby, Storage Room, Transit Nearby, Visual Exposure
Construction:
Block, Frame Wood
Foundation:
Slab
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Concrete, Tile, Vinyl
Total Building Area:
6,026 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Other
Heating:
Electric, Heat Pump, Mixed
Fireplace:
No
Pending Date:
Electric, Equip/Machinery, Fixtures, Goodwill, Inventory, Parking, Real Estate, Supplies
Trade Name(s), See Remarks
Balcony/Patio, Display Window, Lighting, Low Maintenance Yard, Sign: Allowed, Sign: Pylon, Storefront
Valley
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:
Duncan Rural (765)
Legal Description:
Zoning:
C5 (Village Commercial)
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Other Equipment:
Other Improvements
Occupancy:
Owner
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
Lot Site Features:
Central Location, Cleared, Corner Lot, Easy Access, Landscaped, Level, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby
Parking Features:
On Site
Total Parking Spaces:
28
Road Frontage Type:
Highway, Lane
Road Surface Type:
Paved
Business Name:
Cowichan Valley Meat Market
Business Type:
Grocery, Retail, Other
Total Units:
Date Listed:
Jan 18, 2023
Original Price:
3750000.0
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Virtual Tour

Listed by Coldwell Banker Oceanside Real Estate
Data was last updated May 31, 2023 at 08:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$1,787,500
Min list price:
$92,000
Max list price:
$27,420,000
Avg days on market:
111
Min days on market:
2
Max days on market:
302
These statistics are generated based on the current listing's property type and located in Du East 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.