3088 Gibbins Rd, Duncan, BC V9L 1E8

  • $3,490,000
3088 Gibbins Rd, Duncan, BC V9L 1E8
Active
3088 Gibbins Rd, Duncan, BC V9L 1E8
3088 Gibbins Rd, Duncan, BC V9L 1E8
  • $3,490,000

Description

Here is an excellent opportunity for a long term, cashflow investor. This 7,253 sq’ building has been occupied by the Vancouver Island Health Authority since 1988 and has a new 5 year term starting in September 2026. At that point the property will produce a 5.5% cap at the asking price. The building and property are in excellent shape with many upgrades having been completed. A partial list includes, complete remodel of the interior, new paved parking area, heat pumps repaired or replaced (as needed), all lighting replaced with LED etc. This 41,580 sq’ property represents one of the best investment opportunities in the increasingly popular Cowichan Region on Southern Vancouver Island

  • Address 3088 Gibbins Rd
  • City Duncan
  • Postal Code V9L 1E8

Details

Updated on March 23, 2026 at 4:16 pm
  • Property ID: 1025353
  • Price: $3,490,000
  • Property Size: 7253 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale
  • Property Status: Active
  • MLS#: 1025353

Additional details

  • Listing Terms: Must Be Paid Off
  • Sewer: Sewer Connected
  • Cooling: Air Conditioning
  • Heating: Heat Pump
  • Flooring: Mixed
  • County: Duncan, City of
  • Property Type: Commercial Sale

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