149 Cowichan Lake Road, Lake Cowichan Lake Cowichan
Price
$599,900
BedroomsNot listed
BathroomsNot listed
Size1233 sqft
Year Built1948
Property TypeCommercial
Property Taxes$4,602.38
Description
Discover the ideal location for your business in the heart of Lake Cowichan with this versatile .23-acre commercial property, offering high visibility & easy accessibility on the main road entering Lake Cowichan. The main building features 1015 SF of professional space, including 5 private offices, board room with kitchenette, bathroom, & basement storage, heat pump & electric wall heaters, providing both function & convenience. A separate 218 SF stand-alone kiosk allows for additional rental income, while ample on-site parking caters to employees & customers. Zoned C4, this fully serviced lot accommodates professional office use & a 3 storey building is permitted. Some tenants are in place, but no long-term leases thus providing flexibility to the next owner. Continue leasing individual offices as the current owner has been doing or convert the building to your own professional space. Building & land sale. Do not approach the property or tenants without a confirmed appointment. +GST (id:39198)
Listed By
The listing brokerage and/or agent is Royal LePage Duncan Realty
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$2,539 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$479,920
Total Interest Payments
$295,900
Total Payment (Principal + Interest)
$775,820
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.