Featured Listings
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Current & Past Listings
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 933504
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Incredible Investment Opportunity Awaits!
Discover an unparalleled investment opportunity in a prime location that promises exceptional returns. This property is a shining gem with a fully leased building featuring robust long-term leases with an advantageous 6% escalation clause. Its design has been carefully crafted for effortless maintenance, making it an investor's dream.
Yet, the true allure of this property lies in its potential for future development. With thoughtful demarcation that considers essential setbacks for future development endeavours, it's a canvas ready for transformation. Our team is well-equipped to provide you with comprehensive information, valuable insights, and expert guidance to unlock the immense potential concealed within this property.
Don't miss out on securing a savvy investment that guarantees stability and the promise of future growth. Seize this extraordinary opportunity today!
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Listing General Location:
- Vi Hillside, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 8,100.056 sq. ft.752.52 m2
- Taxes:
- $26,324.57 / 2022
- Building Features:
- High Traffic Area, Parking, Transit Nearby
- Construction:
- Block
- Electricity:
- Yes
- Floor finish:
- Concrete
- Commercial Area:
- Core (excl Downtown)
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Cooling:
- Air Conditioning
- Heating:
- Forced Air
- Fireplace:
- No
- Electric
- Sign: Pylon
- Next to Roxy Theatre
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 1639000.0
- Assessment year:
- 2022
- Net Operating Income:
- 173709.04
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Lot 9, Block 16, Plan VIP240, Section 4, Victoria Land District
- Zoning:
- Commercial
- Utilities:
- Electricity Connected, Phone Connected
- Lot Site Features:
- Curb & Gutter, Rectangular Lot
- Parking Features:
- On Site
- Total Parking Spaces:
- 0
- Business Type:
- Retail
- Total Units:
- 4
- Date Listed:
- Jun 01, 2023
- Original Price:
- 3750000.0
Larger map options:
Data was last updated September 30, 2023 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 92
- Avg list price:
- $852,450
- Min list price:
- $19,900
- Max list price:
- $11,500,000
- Avg days on market:
- 122
- Min days on market:
- 2
- Max days on market:
- 430
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- ALAN PRATTEN
- JONESCO REAL ESTATE INC
- 1 (250) 8913025
- Contact by Email
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.
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