$2,850,000
Exceptional commercial investment property on Yates Street, ideally situated in the heart of Victoriaās 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 asset in one of downtown Victoriaās most dynamic retail corridors. NDA required for current lease details. Please do not visit or engage with tenant without scheduling a showing with the listing agents. (id:60626)
Property Details
|
MLS® Number
|
1017330 |
|
Property Type
|
Retail |
|
Neigbourhood
|
Downtown |
|
Community Name
|
The Leiser |
|
Plan
|
Vis6630 |
Building
|
Size Exterior
|
5317 Sqft |
|
Type
|
Retail |
Land
|
Acreage
|
No |
|
Size Irregular
|
5317 |
|
Size Total
|
5317 Sqft |
|
Size Total Text
|
5317 Sqft |
|
Zoning Type
|
Unknown |