Listing Details

  • ML# 417672
  • ML# 417672
  • ML# 417672
  • ML# 417672
  • ML# 417672
  • ML# 417672
  • ML# 417672
  • ML# 417672
  • ML# 417672
  • ML# 417672
  • $1,349,000
  • Victoria - Vi James Bay
  • 0 Bedroom
  • 0 Bathroom
  • 0 Finished SqFt
  • ML# 417672

A great opportunity to purchase a mixed use building in beautiful James Bay. This building has recently undergone a complete renovation, with new plumbing, electrical, insulation and a new roof in March 2019.The Ground floor space has housed a community grocery store since it was originally built in 1908, making it the oldest grocery store in Victoria. The ground floor commercial space is approximately and occupied by the Niagara Market. The two newly renovated upper suites have separate private entrances and consist of a 2 bed suite and a large 1 bed suite. The suites have restored hardwood flooring and modern kitchens with over height ceilings and ensuite laundry.With the building built directly on 3 lot lines, a large outdoor space has been created which can be used for parking or as an outdoor patio for the commercial tenant. Building generates over $80,000 in revenue and has room for increased lease rates. 4.4% Cap rate *Please do not approach staff. Call to set up viewings.

Kane Ryan - Pemberton Holmes - Cloverdale
Phone: (250) 384-8124

Basic Information

Real Estate Type: Retail Layout:
Bedroom(s): 0 Bathroom(s): 0
Finished Sq. Ft.: 0 Unfinished Sq. Ft.: 0
Taxes: $11,292.00 (2019) Year Built:
Elementary School: Junior School:
Senior School:    

Interior Details

Main Level: Fireplace(s):
Basement Height: ft - in Basement Description:
Interior Features:
Appliances Included:

Building Details

Building Style: Building Warranty:
Accessibility: Materials:
Exterior Finish: Foundation:
Roof: Heat/Air:
Fuel: Leased Equip:
Exterior Features: House Faces:
Backyard Faces: Unit Faces:

Lot Information

SqFt: 3612 Acres: 0.08
Width: Depth:
Lot Shape: Water: City/Munic.
Waste: City/Munic. Zoning:
Parking Spaces: Driveway:
Parking Type: Lot Features:

Strata Lot Information

Complex: Managed By: self managed
Lot Size Sq. Ft.: 3612 Patio Sq. Ft.
Parking: Storage:
Monthly Assessment: $ Units/Complex
Buildings/Complex: Units/Building:
Floors/Building Levels/Unit
Water: City/Munic. Waste:
Zoning Type: Lot Includes:
Shared Amenities: Assess Includes:
Complex Features:
Age Restrictions: Age Notes:
Rental Restrictions: Rental Notes:
Pets Allowed: Pet Notes:

Room Dimensions

Level Level 1 Level 2 Level 3 Level 4 Other
Sq. Ft. 0