3088 Gibbins Rd - Main photo, Duncan, British Columbia

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3088 Gibbins Rd - Photo 3 of 8, Duncan, British Columbia

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$3,490,000

3088 Gibbins Rd — Duncan, British Columbia

V9L1E8

7,253Sq Ft

1Lot Sq Ft

About This Property

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 (id:63357)

Property Location

Property Details

Property Type: Detached
Building Area: 7,253 square feet
Status: Active

Location & Neighborhood

What's nearby 3088 Gibbins Rd

Nearby Schools

Queen Margaret's
elementary
0.4 km

Parks & Recreation

Mayo Park
park
0.2 km
Stonehaven Park
park
0.3 km
Keystone Park
park
0.5 km

Transit Access

Gibbins at Banks (EB)
Bus Stop
60m
Wilson at Gibbins (SB)
Bus Stop
93m
Wilson at Gibbins (NB)
Bus Stop
0.1 km
Wilson at Kinch (SB)
Bus Stop
0.2 km
Wilson at Kinch (NB)
Bus Stop
0.2 km

Local Amenities

Grocery

49th Parallel Grocery0.6 km

POI data updated 3/23/2026

Duncan Market Snapshot

246

Active Listings

$799K

Median Price

Avg Days on Market

Last updated: Mar 23, 2026

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Listed by

Royal LePage Duncan Realty

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$3,490,000