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2680 Richmond Rd
Vi Jubilee Victoria V8R 4S9

$5,300,000
Commercial Sale built: 1979

Main Photo: 2680 Richmond Rd in Victoria: Vi Jubilee Office for sale : MLS®# 978157
Status:
Sold
Sold Date:
Dec 20, 2024
Sold Price:
$5,300,000
Sold in:
74 days
Prop. Type:
Commercial Sale
MLS® Num:
978157
Year Built:
1979
2680 Richmond street is a two storey medical office building of 12,260 SF being utilized primarily by the Vancouver Coastal Health Authority as an arthritis clinic. The building has been specifically adapted for the existing use and includes several unique features in comparison to more typical commercial service/office structures, including an interior pool and shower facilities. The building has been well maintained and significant renovations were completed in 2014 and 2023. The building benefits from having one hydrolic elevator, serviced by 800-amp power, and heating, cooling and ventilation is provided by an electrically powered heat pump unit, four (4) electrically powered air conditioner units and electric baseboard heaters. A unique investment opportunity with a strong covenant tenancy with the Vancouver Coastal Health Authority, occupying the building for more than 40 yeasrs, while also a potential owner-occupier opportunity with the landlord's option to terminate the lease.
Property Type:
Commercial Sale
Type:
Office
Commercial Type:
Building
Year built:
1979 (Age: 45)
Lease Type:
Sale of Assets
Listing General Location:
Vi Jubilee, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.808 acre(s)
Taxes:
$54,550 / 2024
Total Building Area:
12,260 sq. ft.
Leasable Area:
11,620 sq. ft.
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Pending Date:
Nov 21, 2024
Date Sold:
Dec 20, 2024
Main Level
0
Yes
No
Unrestricted
Assessed:
4626000.0
Assessment year:
2024
Jurisdiction name:
City of Victoria
Legal Description:
LOT A, PLAN VIP55395, SECTION 25, VICTORIA LAND DISTRICT
Zoning:
R1-C
Parking Features:
On Site
Total Parking Spaces:
30
Road Surface Type:
Paved
Total Units:
0
Date Listed:
Oct 07, 2024
  • Photo 1: 2680 Richmond Rd in Victoria: Vi Jubilee Office for sale : MLS®# 978157
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Listed by COLLIERS MACAULAY, sold on December, 2024
Data was last updated December 26, 2024 at 06:05 PM (UTC)

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