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893700

Capital Regional District, V8T 5E3

1806 Vancouver St

893700

893700

MLS® Number

893700

0 SqFt

Lot Size

893700

Bed

893700

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.

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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

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Property Information
Property Information

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

Property Features
Property Features

Interior

Lot Features

Exterior

Laundry

Accessibility

Total Fireplaces

Fireplace 

Water Source

Gas

Heating

Utilities

Appliances

Pets

Parking Total

18

Parking

On Site

Sewer

Property Location
Property Location

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.

Property Architecture
Property Architecture

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

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