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Main Photo: 3185 Quadra St in Victoria: Vi Mayfair Mixed Use for sale : MLS®# 973090
Photo 1: 3185 Quadra St in Victoria: Vi Mayfair Mixed Use for sale : MLS®# 973090
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
973090
EXCEPTIONAL INVESTMENT OPPORTUNITY – Presenting a fully leased mixed-use property in a prime location near Downtown Victoria, recently enhanced with modern upgrades. Situated in a commercial hub at Quadra and Tolmie. Features include a 2,590 sq ft ground-floor space currently leased to Arctic Spas, which operates an expansive showroom. The second floor offers one 1-bedroom and two 2-bedroom apartments, while the third floor boasts a spacious 2-bedroom + den penthouse with a rooftop patio and city views. Upgrades were completed in 2019, including the commercial space and penthouse, with further improvements to units in recent years. The property provides ample on-site parking. Detailed financials are available for qualified buyers upon signing a confidentiality agreement. Please respect tenant privacy—do not disturb. An updated appraisal is available. This is a rare chance to acquire a fully tenanted, high-exposure building with strong investment potential. Contact listing agent today!
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Mayfair, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7,473 sq. ft.
Lot Details:
53' X 141'
Taxes:
Building Features:
Fire Alarm, High Traffic Area, Laundry Room, Parking, Transit Nearby
Construction:
Frame Wood, Stucco
Foundation:
Concrete Perimeter
Electricity:
Yes
Ceiling Heights:
Floor finish:
Carpet, Laminate, Tile, Vinyl
Total Building Area:
6,655 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Wall Unit(s)
Heating:
Baseboard, Heat Pump, Natural Gas
Fireplace:
No
Pending Date:
Balcony/Patio, Display Window, Fencing: Partial, Lighting, Signband, Storefront
City, Mountain(s)
near Quadra & Tolmie intersection
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:
C-1S
Units in Building:
Units in Community:
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected
Parking Features:
On Site
Total Parking Spaces:
0
Total Units:
Date Listed:
Aug 13, 2024
Original Price:
2490000.0
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Listed by eXp Realty
Data was last updated November 23, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
76
Avg list price:
$600,000
Min list price:
$16
Max list price:
$6,000,000
Avg days on market:
109
Min days on market:
3
Max days on market:
677
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.

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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.