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534 Yates St, Unit 101
Victoria, BC V8W 1K8

$2,850,000

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Listing Details

  • $2,850,000
  • MLS# 1017330
  • Type Commercial - Retail
  • Status Active
  • 0.120 acres
    Lot Size

Listed By

Agency Name: RE/MAX Camosun
Agency Phone: 250-744-3301

Shown By

Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291

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Home Value Estimate


Description

Exceptional commercial investment property on Yates Street, ideally situated in the heart of Victoria's vibrant downtown core. Totalling 5,317 SF, the main level offers 2,748 SF of prominent street-front retail exposure, with 2,569 SF of lower-level space suitable for storage or offices. Tenanted by a well known and respected Victoria-based menswear retailer, the property is leased until December 31, 2028, with a scheduled rent escalation for the final year. The property has been well maintained and is located across from a large city-managed parking lot, steps from the Inner Harbour and major pedestrian traffic. A secure, income-producing...read more

Features

  • Property Type: Commercial - Retail
  • Days on Site: 174
  • Lot Size: 0.12 Acres
  • Parcel#: 027593924
  • Stories: 3.0
  • Taxes: $47,267
  • Units: 1
  • Units in Community: 1

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