.png)
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 924471
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Opportunity to acquire a secure, income-producing asset, well-positioned in Victoria's downtown core. The Subject Property is situated directly across the street from 1515 Douglas, a recently completed office complex, and nearby existing and future residential and commercial high-rise developments, all of which are furthering the gentrification of the immediate neighbourhood.
-ASKING PRICE: $2,600,000
-CAP RATE: 4.60%
-ANCHORED BY POPULAR EATERY, JOHN'S PLACE, WHO HAVE OVER 35 YEARS TENURE FULLY-LEASED INVESTMENT PROPERTY WITH RARE ON-SITE PARKING
-CENTRAL DOWNTOWN VICTORIA LOCALE
LOT SIZE: =/- 7, 818 SF
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Vi Downtown, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,818.054 sq. ft.
- Taxes:
- Signup
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Parking Features:
- On Site
- Total Units:
- Signup
- Date Listed:
- Feb 27, 2023
- Original Price:
- 2600000.0
-
Photo 1 of 1
Listed by Marcus & Millichap
Data was last updated June 6, 2023 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 37
- Avg list price:
- $449,000
- Min list price:
- $25,000
- Max list price:
- $11,500,000
- Avg days on market:
- 57
- Min days on market:
- 4
- Max days on market:
- 499
These statistics are generated based on the current listing's property type
and located in
Vi Downtown. Average values are
derived using median calculations.
- JEFF MEYER
- eXp Realty Canada
- 1.250.885.2047
- Info@VIRealEstateGroup.ca
