John Morris’ SOLD Commercial Properties
LEASED
This exceptional lease space offers high visibility and functionality. The 1556 sq. ft. building has been extensively renovated and is move-in ready, featuring 7 offices, a meeting room, storage area, staff kitchen, and 13 onsite parking stalls (8 in a secure gated area). The owners are willing to sell or include the office furnishings in the lease (with additional consideration over the term) for added convenience. Located near the intersection of Goldstream Ave. and the Island HWY/Sooke Rd., the space is easily accessible and close to shopping, recreation, restaurants, and additional services. Ideal for any company or professional service seeking higher end stand alone exposure on the Westshore. The initial base lease rate of $26.50 plus operating costs and GST is provided. A 5-year term with an extension option will be considered. Please do not approach the owner or staff.
MLS# 956711
SOLD
Rare Industrial Development Opportunity in Southern Vancouver Island - 59.3 Acres. Take advantage of the limited inventory in S Vancouver Island, where Light Industrial rental rates are among the highest in Canada. This property is located near one of the fastest growing communities in BC, just 10km from the Bell McKinnon (North Cowichan/Duncan) area. The region is currently witnessing the construction of a new regional hospital and the planning of multiple high-density multi-family projects. Situated 75km N of Victoria and 70KM S of Nanaimo, this property offers convenient access to major cities and transportation hubs. It also benefits from an issued Development Permit for an 11-lot Industrial subdivision. The zoning permits a wide range of uses; warehousing, mini-warehousing with outdoor storage, automotive repair/wrecking/part sales, boat building/storage, building supply retailing/wholesale, equipment sales /rental /repair /storage, food processing, manufacturing, recycling...
SOLD
Price reduced below tax assessed value. Motivated Seller - Estate Sale. This is the first time this property has been on the market in approximately 50 years. The building is fully leased and has had significant improvements and renovations, including a roof replacement in 2019, 5 Heat Pumps recently added, Security Cameras, Security Fencing, Interior Lighting and Electrical upgrades. Attractive income with solid tenancies, upside potential on renewals. The property is on a corner lot (Burnside and Alpha) and has great visual exposure. The Burnside community is undergoing substantial re-development and improvement, making this property an excellent holding property. All sizes approximate and should be verified by Buyer - Please do not approach tenants or Owner/Executor.
SOLD
Multi Family revenue property that is exceptionally well located near shopping, schools, local parks, and the ocean in Chemainus (Central Vancouver Island/Cowichan Valley - 32 KM south of Nanaimo and 20 KM north of Duncan). The 2 building blocks consist of 11 two story townhome style apartments. The units have ground floor living rooms, kitchen and half-bath laundry rooms; the upstairs have two bedrooms and a full bath (some ocean views from upstairs). The building has a history of long term occupancy with low vacancy rates. The building is across the street from Chemainus Secondary and a block away from ocean and local shopping. Several renovations throughout the last 12 years (both roofs replaced within the last 15 years). All sizes approx. and should be verified by buyer.
SOLD
Medical office in the Lansdowne Professional Centre. Building is high quality purpose built (health care services) in close proximity to the Royal Jubilee Hospital. This unit has 3 exam rooms, office, reception area with waiting room, lab area, medicine room, washroom and rooftop patio. The unit has been well maintained and is immediately available. Additional exam rooms or office space is available for lease in unit 230 - ask the listing agent for details. One dedicated parking spot with ample onsite parking available for staff and patients. Alternatively, the owner will consider leasing the unit, with terms and conditions mutually agreeable to both parties. For additional consideration, the equipment and furniture owned by the Seller can also be purchased with terms and conditions agreeable to Buyer and Seller. All sizes are approximate and should be verified by the Buyer if important.
SOLD
Ski, hike, golf, and fish near your well maintained oceanview resort on 5.05 acres with 500’ frontage. This rare investment boasts twenty, 512 sq ft detached relaxation chalets with full cooktop kitchens, gas fireplaces, and BBQs on private decks. Ten units were built in 1997, 3 in 1999 and the remaining 7 in 2000-2001. Office and 2-Bedroom 1975 sq ft manager’s suite (built 1997) and incredible banquet hall built 2004 licensed for 125 people (2772 sq ft w. warming kitchen, stage, and washrooms) share 600 amps. Landscaped with parking. Amenities include a fire pit, bocce area, and covered gazebo. Two pressure design Septic systems; one for the 20 chalet units and manager’s suite, and one for the banquet Hall. Zoning (C-2) Commercial Two with potential for expansion or rezoning. Recent appraisal notes a possible one acre surplus land (Buyer to confirm all info.) Turn-key: Furniture, fixtures, and equipment incl. Qualified investors only - site tours as a condition to an offer only.
SOLD
Awesome live-work opportunity in an incredible lakeside community. This recently renovated building is presently used as a yoga studio with a stylish residential suite. However, this property can accommodate multiple uses and income opportunities. Whether you're looking to start a high-end daycare, professional office, medical office, training centre, or b&b, this property can easily be transformed to meet many needs. Just a short walking distance from Cowichan river, Cowichan lake, public beaches, town centre, and main amenities, this property provides a unique and attractive lifestyle. The community of Lake Cowichan is located on Southern Vancouver Island, only a one-hour drive from Victoria or a quick 25-minute drive from Duncan. The floor plan could be changed to accommodate additional bedrooms for residential or rental purposes. All measurements approximate and should be verified if important to the Buyer.
CoList: Marilyn Ball | 250-818-6489 | Coldwell Banker Oceanside Real Estate
CoList2: Ernie Koizumi | 250-287-1706 | Coldwell Banker Oceanside Real Estate
SOLD
In one of the Cowichan Valley’s most desirable areas & tucked away on a no through road, this lovely 6.15 acre property with extensive established berry plantings & a well cared for farmhouse is the perfect spot for all your hobby farm dreams. This peaceful & private setting in Cowichan Bay has been adored by the same family for over 60 years & makes a wonderful place to call home. You feel like you’re away from it all but are just moments to beaches, eateries, Valleyview centre with multiple establishments, highway access & a short stroll to transit & Bench Elementary. This charming & move-in ready 4 bed, 1 bath home features a metal roof, high ceilings, country details, updated kitchen & an unfinished basement with 7’3 ceilings. With gentle rolling topography, 5ft double knot perimeter fencing, interior gates with cross fencing, irrigation runs, multiple outbuildings for storage. A1 (Agricultural Resource) zoning allows for the following commercial uses: agriculture, farm-use, agri-tourism, bed and breakfast, daycare, home based business, kennel or a secondary suite - all that’s left to do is bring your vision.
Co-List: Ray Little, Errik Ferreira / Pemberton Holmes Ltd. (Duncan)
LEASED
Centrally located in the core of Duncan near all amenities. This ground floor unit has two demised offices, a small waiting room and is in move-in condition. The lease is a gross lease covering all operating costs. The building has low turnover with approximately 74% of the building being occupied by a large well established law firm. The space and building is professionally appointed with onsite parking. Duncan is a fast growing community in Southern Vancouver Island approximately 40 minutes north of Victoria and Langford. The unit is now vacant and quick possession is possible. Ideal for a satellite office. All measurements are approximate and should be confirmed by the tenant.
LEASED
Light Industrial Zoned property with easy access to the Trans Canada Highway. The space is vacant and can be modified to adapt to several uses. The upstairs ($1800/month) and the downstairs ($1300/month) can be leased separately, if desired. Presently the space could accommodated several offices, workspace and flex/display space. The lot provides ample parking for several vehicles to accommodate work vehicles, customer and staff parking. The property has a 480 sq ft detached workshop/storage building that can be rented in addition to the main building or independently. The lot is fenced with a gate on Allenby Road. Ideal for trades looking for an office / work location. Good viability for vehicle and equipment sales or rental. All sizes are approximate and should be verified by tenant if important. Negotiable occupancy terms and conditions.
LEASED
Outfitted Automotive Repair Center that will include a contract with a nearby pre-owned car dealership for servicing and inspections. Ideal for someone who wants to run their own shop with the benefit of having a pre-existing client to help them get off to a successful start. Potential tenants would be required to enter into a secondary agreement to service the dealership cars with mutually agreeable terms and conditions for both parties. Preference would be for the tenant to be a Red Seal Technician and have experience with European and domestic. 2 hoists, outfitted office and some tools (to be itemized) included in the lease. All measurements approximate and should be measured if important.
SOLD
Multi Family revenue property that is exceptionally well located near shopping, schools, local parks, and the ocean in Chemainus (Central Vancouver Island/Cowichan Valley - 32 KM south of Nanaimo and 20 KM north of Duncan). The 2 building blocks consist of 11 two story townhome style apartments. The units have ground floor living rooms, kitchen and half-bath laundry rooms; the upstairs have two bedrooms and a full bath (some ocean views from upstairs). The building has a history of long term occupancy with low vacancy rates. The building is across the street from Chemainus Secondary School and a block away from ocean and local shopping. Several renovations throughout the last 12 years (both roofs replaced within the last 15 years). All sizes are approx. and should be verified by potential buyer.
SOLD
Excellent opportunity to own a highly successful automotive repair business and top class real estate. H & M Auto Repair has been a part of the downtown community for over 40 years. The business is showing significant growth and has a very positive reputation. The land and building are a part of the offering. The building has been extensively renovated with a recent addition added in 2015. The quality of the building and its condition reflects the pride of ownership that has gone into this business. The Business and Real Estate must be purchased in combination.
LEASED
Light Industrial zoned building in the core area of Victoria, presently used for Auto Body repair. This space can be leased separately or in conjunction with 728 Pembroke. The buildings on 728 Pembroke St. and 735 Princess Ave. are adjoined in the back and are both used for Auto Body repair. The hoists and spray booth can form part of the offering. 728 Pembroke has a large loading bay that can also provide access to the rear loading bay of 735 Princess to permit drive through access between 728 Pembroke and 735 Princess. Desired lease term to be 5 years with an option to extend - triple net lease. All sizes are approximate and should be verified.
SOLD
Freehold commercial building centrally located in Duncan just off the Trans Canada Highway with HCC zoning (Highway Corridor Commercial Zone). The building is used as an auto repair shop with 5 work bays and retail/office space. The building had extensive renovations in 2018 and has been well maintained. Situated on the corner of Coronation Ave. and Whistler Street this property has visual exposure to one of the busiest intersections in the area. The property would be ideal for an income investor or owner occupier. As a result of the very limited supply of suitably zoned properties in the area, Duncan has high rental rates and very low vacancies for this type of use, making this property a unique opportunity. Duncan is the main business center for the Cowichan Valley and the area is seeing significant growth and development. All sizes are approximate and should be confirmed by a buyer if important.
SOLD
Freehold commercial building centrally located in Duncan on the Trans Canada Hwy. The building is divided into 2 separate units (approx. 1,500 and 1,800 sq ft) alternatively it could be reverted back to a single unit. The larger unit is rented on a month to month agreement and the smaller unit is being held for a potential owner occupier. With frontage and clear exposure to the Trans Canada Hwy this property is an excellent location for retail or office uses. The property would also be ideal for an income investor and may have the ability to add a 2nd level to increase income. The property is across the street from Cowichan Sec. School that will be a major redevelopment site in the future and will transform the main corridor of the city. Duncan is the main business center for the Cowichan Valley and the area is seeing significant growth and development. All sizes are approx. and should be confirmed by a buyer if important - expansion would require approval from the municipality.
SOLD ABOVE ASK!
Exceptional holding property with future redevelopment potential. This property has clear visual exposure and easy access to the Trans Canada Hwy and is strategically located near the main business center of the Cowichan Valley (Duncan). The C6 zoning permits motor vehicle sales and repairs, warehousing, restaurants, breweries, distilling, food processing, and several more potential uses. The Cowichan Valley and the Duncan area are experiencing high growth and the area is under developed for the commercial real estate needs in the area. Duncan is approximately 60 km north of Victoria and 50 Km south of Nanaimo. The property is presently tenanted by a company retailing pools, hot tubs and related accessories. All measurements are approximate. Do not approach tenants or owners with regards to the sale.
SOLD ABOVE ASK
With exposure and easy access to the Trans Canada HWY this site is ideally located for commercial re-development. The Cowichan Valley and the Duncan area are experiencing high growth and the area is under developed for the commercial real estate needs in the area. The zoning provides for warehousing and wholesale sales, making it ideally situated for a distribution center servicing southern Vancouver Island. In addition, there is a lack of warehouse space in the area and demand is high. The site is also zoned for Motor vehicle sales and would be a good site for a dealership. There are several other permitted uses under the C6 - Village Service Commercial - zoning that would be permitted for this site. The owner is presently using the site as a used car lot and will provide vacant possession. Strategically one of the best commercial sites available on Southern Vancouver Island.
SOLD
Freehold Light Industrial land and building with income and expansion potential. The offering has two buildings with a total of 8000 sf of ground level space with additional mezzanine space of approx. 30%. The 5 units have a long term track record of full occupancy, however unit #1 is presently vacant and is being held for a possible owner occupier. Unit 1 2,700 sf of gr. level space with additional mezz. space of 1,360 sf (mezz. is partially developed as office space), has two 14 ft high doors with work space and attached retail display space with a separate glass ext. entrance way. The area has very low vacancy rates and attractive lease rates if a potential buyer wishes to lease this space. The zoning permits 50% lot coverage providing expansion potential (27,000 lot size at 50% = 13,500 sf parcel coverage). The property has very good visual exposure on Boys Rd and easy access to the Trans Canada HWY. All sizes approx. and should be verified by a potential buyer if important.
SOLD
Highly attractive location freehold commercial building (zoned C3 - District Commercial) in Langford - Goldstream Village. The property is an attractive investment property with redevelopment potential (maximum density of 4.5:1 floor area ratio). The ground level (approx. 2,500 sq ft) is rented as a Veterinarian Clinic and the second floor (approx. 800 sq ft) is a residential unit. Langford is one of the fastest growing communities in Canada and also supports one of the strongest municipal economies. Goldstream Village is the vibrant hub of the community and this property is centrally located on the main road with high visibility. Ample onsite and street parking. All sizes are approximate and should be measured if important to a buyer.
SOLD for Full List Price
Diversified income producing property listed at a 7.5% capitalization rate. Listed below the recently appraised value of $3,345,000 (Cunningham & Rivard, Feb.12,2021). The property offers commercial retail and marina exposure with one small residential unit. The approximate 7,500 sqft retail space is fully leased and has long term anchor tenants, True Grain Bread and Classic Marine. The Marina (1,150 linear ft) focuses on long term tenants providing ease on management and a steady income. The property has a long track record of full occupancy with a waiting list for moorage (moorage vacancy +/- 1%). Recent upgrades and renovations have improved this property while maintaining its historic charm and appealing character. Located in Southern Vancouver Island, Cowichan Bay is the core tourism area in the Cowichan Valley and is very popular with local residents. This offering provides exceptional income, ease of management, a long term track record of high occupancy and a great location.
SOLD
Above Ask
Development Site (107,500 sq. ft.) with ocean and mountain views only blocks away from the beach. The subject property is boarded by services and public recreation facilities that include an outdoor swimming pool, community centre, ball fields and courts. The existing zoning is PU (Public Use Zone), however, the OCP identifies this parcel as an - Infill Residential Redevelopment Area, and supports low - medium density residential use. The parcel has municipal services available and was previously an elementary school site (school building recently removed). Crofton is a small community located in the highly desirable Cowichan Valley that is approx. 45km south of Nanaimo and approx. 70km north of Victoria. All measurements are approximate and should be verified by a potential buyer.
Old Crofton school site sells for $1.81 million - Media Release - Jan. 2022
SOLD above List Price
Former school site on 5.22 acres, consisting of two contiguous parcels of land (Lot A is 2.38 acres and Lot 1 is 2.84 acres). Located in Youbou across from Cowichan Lake, this property features spectacular lake and mountain views. The school building located on Lot A is 12,487 sq ft and has an attached gymnasium and stage that adds an additional 2,929 sq ft of improvements. The building is in good condition and would lend itself to new uses under the existing zoning or could potentially be repurposed if a Buyer wishes to re-zone the parcel to an alternative use. Lot 1 was used as a playground and is cleared, flat and level. Near the lake and en route to the world-renowned West Coast Trail, this opportunity is bursting with potential. Zoned P2 with two titles, both allow for 1 residential build.
SOLD for Full List Price
The Pioneer Plaza is an attractive Income Property with a long-term track record of high occupancy. The 7,750 sq. ft. building (approximate lease-able area) has been very well maintained and is divided into six (6) rental units. All leases are Triple Net, with diverse tenancies that include; Retail, Food Service and Service Businesses. Located on a corner lot (22,062 sq. ft.)with very high visibility alongside the East Island High Way approximately half a block away from the Corfield - East Island High Way intersection. A half block away from the the main tourist area in Parksville and one of the most popular beaches on Vancouver Island, Parksville Community Beach. The property is an excellent holding property and may also be a good candidate for future redevelopment and a start to an area amalgamation.
SOLD for Full List Price
This property is part of the Bell McKinnon Local Area Plan (Bmlap - see supplements). The Bmlap is a massive long term growth area that includes plans for a new regional hospital, densification, multi family development and commercial growth. The lot is C2 zoned and located on a busy corner with Trans Canada highway visibility. The lot is near the entrance to the Cowichan Commons (tenants include Walmart, Canadian Tire, Best Buy, Home Depot, and more). One of the best commercial development sites in the area.
SOLD
This is an ideal redevelopment project with significant Trans Canada Highway exposure. Presently, there is income potential available while an investor waits for a rezoning or development permit application. The property has frontage on both Koksilah Frontage Road, that runs adjacent to the Trans Canada Highway, and, at the rear, Francis Street. The property is comprised of a retail store with four apartments and an undeveloped third floor attic. There is also a two story residential home attached to the commercial building that is separated into two suites. At this time, only one apartment and the retail space is occupied.
SOLD above Ask
One of the best office buildings in the Cowichan Valley. Located on the north side of Duncan, close to the new hospital site and all other local amenities. This building was built in the early 1990's and was extensively renovated in 2015. The building has high quality, long-term tenants and has a history of full occupancy. This building has exposure to the Trans Canada highway and has easy access to Beverly Street. The site has 50+, on-site parking spaces with additional road side parking and attractively maintained landscaping. An extremely attractive investment property.
SOLD
Multi Family site with two road frontages located in East Duncan. The site is a short distance from Chesterfield Sportplex and Duncan VIU Campus. The commercial core, schools, parks, shopping and trail systems are easily accessible to the site. Preliminary plans for a 30+ unit development site available. The location would also be well suited for a small townhouse development. Duncan has very low vacancy rates for rental accommodations of less than 1%. The site is located close to several new development properties including a new senior care facility and the new Cowichan District Hospital.
SOLD
Large Self Storage property with 274 storage units of various sizes (approximately 34,200 sq ft) and an additional 59 shipping containers for a total of 333 units. The facility has a double wide mobile home unit on the property that can be used as a managers residence or rental unit. The facility is on three separate titled lots; lot A, Plan 34989 is zoned Light Industrial and is largely undeveloped. This lot could be used for expanding the self storage operation or developed into an alternative use under the Light Industrial zoning. Light Industrial and Self Storage space is in very short supply in the Cowichan Valley and demand for space is high.