

Capital Regional District, V8T 5E3
1806 Vancouver St

893700
MLS® Number

0 SqFt
Lot Size

Bed

Bath
$3,495,000
Listing by Pemberton Holmes - Cloverdale
Listing information last updated: Tue May 10 2022 07:44:15 GMT+0000 (Coordinated Universal Time)
Free-standing professional buildings located at 1806 -1814 Vancouver St. This 1988 built property consists of two – 2 story buildings with a central parking lot for up to approximately 18 vehicles. The current ground floor configuration has 3 units totaling over 4900 sq ft and is fully leased.The 2nd floor walk-up office space (both sides of the building) is leased to one tenant and these units can be easily demised for a potential of 3 tenancies in total. The units all benefit from great natural light and there is high visibility pylon signage at the corner of Vancouver and North Park St. This property is currently on gross leases but still generates great returns and with a vacancy coming up, the opportunity exists for the next owner to transition to net leases and significantly increase the rents to market rates which will provide a considerable lift.The ability to steadily improve the net returns and the future upside of a redevelopment opportunity make this great holding property.
Full Address
1806-1814 Vancouver St, Victoria BC V8T 5E3
MLS® Number
893700
Status
Active
Listing Price
$3,495,000
Property Type
Commercial Sale
Property Subtype
Office
Year Built
1988
Days on Market
0 Days
Request More Info
Your Name *
Email Address*
Contact Number*
Message
Thanks for your message! I'll be in touch shortly.
Please complete all required fields.
MLS® Number
893700
Listing Price
$3,495,000
Status
Active
Property Type
Commercial Sale
Property Subtype
Office
Lot Size SqFt
0 SqFt
Lot Size Acres
Acres
Building Name
Year Built
1988
Days on Market
0 Days
Tax Annual Amount
$40,018
Tax Year
2021
Association Fee
$0
Fee Includes
Fee Frequency
Interior
Lot Features
Exterior
Laundry
Accessibility
Total Fireplaces
Fireplace
Water Source
Gas
Heating
Utilities
Appliances
Pets
Parking Total
18
Parking
On Site
Sewer
Unit Number
Full Address
1806-1814 Vancouver St, Victoria BC V8T 5E3
Subdivision
City
Victoria
Postal Code
V8T 5E3
District
Capital Regional District
Zoning
MLS Area Major
Victoria
MLS Area Minor
Vi Fernwood
Elementary
Middle School
High School
Directions
Corner of North Park and Vancouver St.
Total Unfinished
vREB_tot_sqft_unfinished
Living Area
livingArea
Rooms Total
Bedrooms
Bedroom
Bathrooms Half
Total Bathrooms
Bathroom
Building Area Total
buildingAreaTotal
Stories Total
2
Style
Layout
Materials
Roof
Basement
Foundation
