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Victoria Canada Houses

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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
995166
Incredible Investment Opportunity! Discover an unparalleled investment opportunity in a prime location that promises exceptional returns. This property is a shining gem with a fully leased building featuring robust long-term leases with an advantageous 6% escalation clause. Its design has been carefully crafted for effortless maintenance, making it an investor's dream. Yet, the true allure of this property lies in its potential for future development. With thoughtful demarcation that considers essential setbacks for future development endeavours, it's a canvas ready for transformation. We are well-equipped to provide you with comprehensive information, valuable insights, and expert guidance to unlock the immense potential concealed within this property. Don't miss out on securing a savvy investment that guarantees stability and the promise of future growth. Seize this extraordinary opportunity today!
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Hillside, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
8,100 sq. ft.
Taxes:
Building Features:
High Traffic Area, Parking, Transit Nearby
Construction:
Block
Electricity:
Yes
Ceiling Heights:
Floor finish:
Concrete
Total Building Area:
5,400 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
Air Conditioning
Heating:
Forced Air
Fireplace:
No
Pending Date:
Electric
Sign: Pylon
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:
Commercial
Units in Building:
Units in Community:
Utilities:
Electricity Connected, Phone Connected
Lot Site Features:
Curb & Gutter, Rectangular Lot
Parking Features:
On Site
Total Parking Spaces:
0
Business Type:
Restaurant/Bar, Retail, Service
Total Units:
Date Listed:
May 25, 2025
Original Price:
4950000.0
Listed by Pemberton Holmes Ltd.
Data was last updated May 29, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
93
Avg list price:
$1,150,000
Min list price:
$28,000
Max list price:
$6,700,000
Avg days on market:
83
Min days on market:
1
Max days on market:
863
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
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.