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Investment signal

$2,000,000

171 Craig St

Beds

Baths

Sqft

8,446

Year

About this home

For Sale – Bucky’s Sports Shop & Building | Downtown Duncan Landmark This is a rare opportunity to acquire both the real estate and the long-standing business of Bucky’s Sports Shop, a trusted outdoor retailer serving Vancouver Island since 1947. Ideally located in the heart of Duncan, the sale combines a thriving specialty business with a well-maintained and income-producing property. Bucky’s has earned its reputation as the Cowichan Valley’s premier destination for archery, fishing, hunting, and outdoor equipment. The store features a dedicated archery department offering bow set-up, custom strings, and repairs, while also providing an extensive selection of fishing rods, reels, tackle, hunting and fly-tying supplies. Knowledgeable staff, local expertise, and the ability to issue licences have helped establish strong community loyalty and repeat business from outdoor enthusiasts throughout the region. The building has been carefully maintained and benefits from a recently replaced roof and an upgraded roof-mounted HVAC system. The main floor offers 4,201 square feet of prime retail space with an additional 1,153 square feet of mezzanine office and storage area. On the upper level, three tenants occupy 4,245 square feet, providing stable rental income and enhancing the property’s investment appeal. Together, the business and property present a unique opportunity to own a landmark in downtown Duncan with multiple income streams. The combination of operating business income from Bucky’s Sports Shop and contracted rental income from the upper floor positions this as a turnkey acquisition with both immediate returns and long-term growth potential in the outdoor recreation market. Please do not disturb staff - viewing and acquisition inquiries are by appointment only with your realtor. (id:65958)

Subtype
Other
Lot size
4,422 square feet
MLS#
1014923
Area
DUNCAN
Negative cash flow ~$3,813/mo at these assumptions

Cash on cash

-11.44%

Cap rate

3.60%

GRM

16.7

Break-even rent

$14,013

Financing

Down payment$400,000
Loan amount$1,600,000
Mortgage$9,816/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$917
Insurance$80
Maintenance$1,667
CapEx reserve$833
Vacancy loss$500

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $9,816/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.

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