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2680 Richmond Rd
Vi Jubilee Victoria V8R 4S9

$5,300,000
Commercial Sale built: 1979

Main Photo: 2680 Richmond Rd in Victoria: Vi Jubilee Office for sale : MLS®# 978157
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
978157
Year Built:
1979
2680 Richmond street is a two storey medical office building of 12,260 SF being utilized primarily by the Vancouver Coastal Health Authority as an arthritis clinic. The building has been specifically adapted for the existing use and includes several unique features in comparison to more typical commercial service/office structures, including an interior pool and shower facilities. The building has been well maintained and significant renovations were completed in 2014 and 2023. The building benefits from having one hydrolic elevator, serviced by 800-amp power, and heating, cooling and ventilation is provided by an electrically powered heat pump unit, four (4) electrically powered air conditioner units and electric baseboard heaters. A unique investment opportunity with a strong covenant tenancy with the Vancouver Coastal Health Authority, occupying the building for more than 40 yeasrs, while also a potential owner-occupier opportunity with the landlord's option to terminate the lease.
Property Type:
Commercial Sale
Type:
Office
Commercial Type:
Building
Year built:
1979 (Age: 45)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Jubilee, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.808 acre(s)
Taxes:
Ceiling Heights:
Total Building Area:
12,260 sq. ft.
Leasable Area:
11,620 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Zoning:
R1-C
Units in Building:
Units in Community:
Parking Features:
On Site
Total Parking Spaces:
30
Road Surface Type:
Paved
Total Units:
Date Listed:
Oct 07, 2024
Original Price:
5300000.0
  • Photo 1: 2680 Richmond Rd in Victoria: Vi Jubilee Office for sale : MLS®# 978157
    Photo 1 of 1
Listed by COLLIERS MACAULAY
Data was last updated October 18, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$699,000
Min list price:
$16
Max list price:
$6,000,000
Avg days on market:
99
Min days on market:
2
Max days on market:
640
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
JEFF MEYER
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.