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Main Photo: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 1: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 2: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 3: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 4: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 5: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 6: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 7: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 8: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 9: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 10: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 11: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 12: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 13: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Photo 14: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
984925
A great opportunity to acquire a ground-floor commercial strata unit at the Iron Works Building.The Building was built in 2020 and features 88 residential units over 5 floors and 4 commercial spaces on the ground floor. Unit 101 is approximately 1100 sq ft and fronts Store St, providing great street frontage. The unit has large retail windows for great natural light and the exterior has a large glass overhang and ample signage opportunities. The space has been built out for retail by the previous tenant and has hard surface flooring throughout, LED lighting, a ceiling-mounted Samsung AC unit and an accessible washroom. The unit is mainly open plan with a separate room and could easily accommodate a wide variety of different uses under the flexible OTD-1 Zoning. The unit has 1 designated parking space.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building
Lease Type:
Sale of Contract
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Taxes:
Number of Storeys:
5
Ceiling Heights:
Total Building Area:
1,098 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
This unit fronts Store St.
Main Level
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:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Parking Spaces:
1
Total Units:
Date Listed:
Jan 20, 2025
Original Price:
885000.0
  • Photo 1: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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  • Photo 2: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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  • Photo 3: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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  • Photo 4: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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  • Photo 5: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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  • Photo 9: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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  • Photo 10: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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  • Photo 11: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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  • Photo 13: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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  • Photo 14: 101 515 Chatham St in Victoria: Vi Downtown Retail for sale : MLS®# 984925
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Listed by Pemberton Holmes Ltd.
Data was last updated January 21, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$450,000
Min list price:
$39,879
Max list price:
$6,000,000
Avg days on market:
101
Min days on market:
5
Max days on market:
735
These statistics are generated based on the current listing's property type and located in Vi Downtown. 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.