VICTORIA
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 924885
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Rare opportunity to purchase an attractive multi-tenanted retail strip mall property in a strong up and coming area just north of the vibrant Quadra Street Village. The property is anchored by two long-term tenants (Susan James and Taco Time). The property may be suitable for 3 different types of purchasers. For an owner / occupier purchaser, there is up to 2,287 SF of vacant space formerly occupied by 2 retail tenancies (Zsa Zsa and Tanlines) that were owned and operated by the current owner of the building. With the flexible C1-QV zoning, this property could be ideal for a wide range of owner / occupiers who would occupy all or a portion of the vacant space. For the investor purchaser, we have several qualified parties interested in leasing all or a portion of the vacant area. For a Developer purchaser, the two existing tenancies can be terminated with notice. Please do not approach staff in existing tenancies.
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building
- Lease Type:
- Absolute Net
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Vi Hillside, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 12,010.083 sq. ft.1,115.773 m2
- Taxes:
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- Ceiling Heights:
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- Total Building Area:
- 6,609 sq. ft.613.996 m2
- Leasable Area:
- 6,609 sq. ft.613.996 m2
- Commercial Area:
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- Subdivisable Area:
- Yes
- Fireplace:
- No
- Pending Date:
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- In the Quadra Street Village area.
- 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:
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- Jurisdiction name:
- City of Victoria
- Legal Description:
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- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
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- Date Listed:
- Mar 06, 2023
- Original Price:
- 3600000.0
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Listed by NAI Commercial (Victoria) Inc.
Data was last updated March 25, 2023 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 62
- Avg list price:
- $645,000
- Min list price:
- $36,000
- Max list price:
- $6,295,000
- Avg days on market:
- 78
- Min days on market:
- 4
- Max days on market:
- 426
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- CHRISTINA STACK
- JONESCO REAL ESTATE INC
- 1 (250) 8576659
- 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.