- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 976490
- Year Built:
- 1970
- Photos (32)
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Amazing property with great potential to develop in the heart of Esquimalt. This building has 8 large 2 bedroom / 1 bathroom units, and is fully tenanted. Each unit has their own deck, natural gas fireplace, and skylights in each top floor unit. Perfect holding property to receive rental income while waiting to develop a larger multi-family building. Common laundry area, storage lockers and huge crawl space for storage. Units 1 and 5 have been renovated in 2021. Large above ground parking lot for 13 vehicles. Lots of green space for tenants to enjoy. A short walk into the heart of Esquimalt, and to the ocean. Close to schools, bus routes, groceries and shopping. Many of the neighbouring properties have been rezoned to allow for 10 to 26 story buildings.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1970 (Age: 54)
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Es Esquimalt, Esquimalt
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 17,266 sq. ft.
- Taxes:
- Signup
- Building Features:
- Basement, Bike Storage, Fire Alarm, Fire Sprinklers, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby
- Construction:
- Frame Wood, Stucco, Wood
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Number of Storeys:
- 2
- Ceiling Heights:
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- Floor finish:
- Carpet, Vinyl
- Total Building Area:
- 7,563 sq. ft.
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Baseboard, Natural Gas
- Fireplace:
- No
- Pending Date:
- Signup
- Balcony/Deck, Fenced, Fencing: Partial, Low Maintenance Yard
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
- Signup
- Utilities:
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Recycling
- Lot Site Features:
- Central Location
- Parking Features:
- On Site
- Total Parking Spaces:
- 13
- Total Units:
- Signup
- Date Listed:
- Sep 18, 2024
- Original Price:
- 3750000.0
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Listed by DFH Real Estate - Sidney
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $1,215,000
- Min list price:
- $350,000
- Max list price:
- $13,500,000
- Avg days on market:
- 76
- Min days on market:
- 22
- Max days on market:
- 269
These statistics are generated based on the current listing's property type
and located in
Esquimalt. Average values are
derived using median calculations.
- CHRISTINA STACK
- StackHaus Realty Inc.
- 1 (250) 8576659
- Contact by Email