607 Coronation Ave

607 Coronation Ave

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Property Description

This family-owned Convenience store has been a pillar of the community in Duncan for many decades. Just a 45 - minute drive from the Nanaimo Ferry to Vancouver, and an hour to Victoria Ferry. This is the only commercial zoned lot in the area surrounded by residential limiting competition. Zoning allows for mixed-use development providing a good long-term investment opportunity. The store comes with a 3 Bedroom house attached, perfect for owner operator or to provide accommodation for a live-in manager couple. Sales increasing year- over-year. No franchise fees, no gas company to deal with. Current owners have raised their family supported by this business and are ready to retire. Plenty of upside for new owner willing expanding offerings and open hours. Flexible zoning allows for restaurant, retail, office, etc. Take advantage of low interest rates to build equity, have a place to live and earn a solid income without having to leave home. (id:47962)

Address: 607 Coronation Ave
City: Duncan
State/Province: British Columbia
Zip: V9L2V1
Country: Canada
Days On Market: 186 days
Mls Number: 891774
Property Type: Single Family
Price: $ 999,000
Building Type: House
Ownership Type: Freehold
Parking Space: 8
Zoning Description: NC
Land Size: 6200 sqft
Transaction Type: For sale
Neigborhood: East Duncan
Property Size: 4104 sqft
Rooms: 11
Bedrooms: 3
Bathrooms: 2
Features: Central location, Level lot, Corner Site, Rectangular
Total Finished Area: 4104 sqft
Appliances: Refrigerator, Stove, Washer, Dryer
Appliances Included:
Refrigerator, Stove, Washer, Dryer
Cooling: Fully air conditioned
Fireplace: Not Available
Land Acreage: false
Room Level Rooms Size
Second level Bathroom 2-Piece
Second level Bedroom 10 ft x 9 ft
Second level Bedroom 15 ft x 11 ft
Second level Bedroom 13 ft x 12 ft
Main level Other 47 ft x 29 ft
Main level Bathroom 5-Piece
Main level Dining room 10 ft x 9 ft
Main level Living room 15 ft x 22 ft
Main level Kitchen 13 ft x 14 ft
Main level Storage 15 ft x 8 ft
Main level Entrance 19 ft x 6 ft
Date Status Price MLS Number URL
April 04, 2022 Active  $999,000 891775 View Listing
April 04, 2022 Active  $999,000 891774

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