Listing Details
- $2,340,000
- MLS# 1028468
- Type Commercial - Business
- Status Active
Listed By
Agency Name: eXp Realty (NA)
Agency Phone: 833-817-6506
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
Home Value Estimate
Description
6%+ CAP RATE!! This fully leased, mixed-use property near Downtown Victoria delivers immediate income and long-term upside. Located at the high-traffic intersection of Quadra and Tolmie, the building features a 2,590 sq ft ground-floor commercial space leased to Arctic Spas, showcasing a dynamic showroom. The upper floors include one 1-bedroom and two 2-bedroom residential units, plus a top-floor 2-bedroom + den penthouse with a rooftop patio and city views. Major upgrades were completed in 2019, with additional updates to residential units recently. This is a rare opportunity to secure a high-exposure, fully tenanted asset in a sought-after...read more
Features
- Property Type: Commercial - Business
- Building Features: Fire Alarm, High Traffic Area, Laundry Room, Parking, Transit Nearby
- Cooling: Wall Unit(s)
- Days on Site: 33
- Exterior: Frame Wood, Stucco
- Exterior Features: Balcony/Patio, Display Window, Fencing: Partial, Lighting, Signband, Storefront
- Flooring: Carpet, Laminate, Tile, Vinyl
- Heating: Baseboard, Heat Pump, Natural Gas
- Lot Dimensions: 53' X 141'
- Lot Size: 0.17 Acres
- Parcel#: 002701987
- Parking: On Site
- Parking Notes: On Site
- Sewer: Sewer Connected
- Special View Info: City, Mountain(s)
- Taxes: $23,112
- Units: 5
- Units in Community: 5
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
- Water: Municipal
Gallery
Listed By
Agency Name: eXp Realty (NA)
Agency Phone: 833-817-6506
Shown By
Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291
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