UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 826 sqft
Price per Sqft $998
MLS Listing ID 1029939
HOA Y/N No
Annual Tax Amount $3,817
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Mixed Use
Property Description
A rare opportunity to acquire two adjacent properties (378 & 386 Duncan St) totaling 14,800 sqft (0.34 acres) in a strategic land assembly with Downtown Comprehensive (DTC) zoning. Each lot has existing 2-bed 1-bath home. Elevated section of Duncan St with outlooks toward downtown & beyond, this site offers exceptional design flexibility with generous frontage & municipal services at the properties.
DTC zoning supports high-density multi-family/commercial/hotel development (max 6 storey), a robust 3.6:1 FAR (0.6 density bonus potential) 95% lot coverage.
Properties are listed individually to be acquired together (MLS # 1029939 & 1029938 (residential - 1029935 & 1029937)) or could be sold separately. If acquired individually potential home to office renovation. Strong land hold opportunity.
Perfectly situated steps from downtown, one of Duncan's most compelling development opportunities for scale, location & readiness.
Location
Province BC
County Duncan, City Of
Community Du West Duncan
Area Duncan
Zoning DTC
Interior
Heating Baseboard, Forced Air, Oil, Wood
Cooling None
Flooring Mixed, Wood
Inclusions Electric, Fixtures, Real Estate, See Remarks
Fireplace No
Exterior
Exterior Feature Awning(s), Fencing: Partial, Garden, See Remarks
Parking Features On Site
Garage Spaces 3.0
Utilities Available Cable Available, Electricity Connected, Garbage, Natural Gas Available, Phone Available, Recycling, See Remarks
View Y/N false
Street Surface Paved
Total Parking Spaces 3
Garage No
Building
Lot Description Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Sloped, Southern Exposure, See Remarks
Foundation Slab
Sewer Sewer To Lot
Water Municipal
Others
Restrictions ALR: No
Ownership Freehold
Acceptable Financing Clear Title, Purchaser To Finance, VMC/VTB, See Remarks
Listing Terms Clear Title, Purchaser To Finance, VMC/VTB, See Remarks
Virtual Tour https://vimeo.com/1177002344?utm_source=email&utm_medium=vimeo-email&utm_campaign=44349