421 Trans-Canada Hwy - Commercial LAND FOR SALE


Duncan, BC V9L 3R7 20,848 SF
$2,185,000 CAD
250-386-0004
421 Trans-Canada Hwy, Duncan, BC for Sale
$2,185,000 CAD
Commercial LAND - FOR SALE
1/2
20,848 SF

421 Trans-Canada Hwy
Duncan, BC V9L 3R7


HIGHLIGHTS

  • Corner lot with over 165 feet of Highway 1 frontage.
  • Stable income from strong covenant tenant with renewal upside.
  • Located in Duncan’s core retail and service district.
  • Zoned for a wide range of commercial uses including drive-thru and fueling.
  • Surrounded by national brands and high-traffic amenities.
  • Long-term development potential in a growing regional hub.

OVERVIEW

CBRE Victoria presents a rare opportunity to acquire a high-visibility commercial land parcel at 421 Trans-Canada Highway, strategically positioned at the corner of Highway 1 and Coronation Avenue in the heart of Duncan’s commercial core. This 0.48-acre site offers over 165 feet of direct frontage on one of Vancouver Island’s busiest corridors, making it ideal for long-term investment or future redevelopment. Currently leased to a strong covenant tenant, the property generates stable income with two remaining five-year renewal terms, offering both immediate cash flow and future upside. The flat, gravel-surfaced lot is zoned HCC (Highway Corridor Commercial), supporting a wide range of permitted uses including automotive fueling stations, drive-thrus, restaurants, retail, and service businesses. This flexible zoning enhances the site’s long-term development potential and appeal to a broad spectrum of users.

FOR SALE DETAILS

PRICE

$2,185,000 CAD

PRICE/ACRE

$4,565,359/AC

PRICE/SF

$105 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail

LAND ACRES

0.48 AC

LAND SF

20,848 SF

OFFSITE IMPROVEMENTS

Electricity, Streets, Curb/Gutter/Sidewalk

ZONING

HCC

APN/PARCEL ID

000-897-833

ASK ABOUT THIS PROPERTY

Ross Marshall, PRECCBRE, LimitedMore Info
250-386-0004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ross Marshall, PRECCBRE, LimitedMore Info
250-386-0004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.