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REALTOR®, Victoria, BC

$1,300,000

3892 Carey Rd
MLS® NO: 856902

Description

Prime location Commercial building offers 4 retail units and one residential suite on 2nd floor. Long term tenants in place. C2 zoning allows wide range of uses. 6 parking spaces. 2 year old roof, and most windows updated. High traffic and visibility. Gross Income $67,200 from the 5 leases; Net Income $45,287 yielding a 3.48 % CAP after allowing 2% vacancy. Most rates on leases are below market rent.

General

Property Type:Retail
Year Built:1951

Building Details

Exterior Finish: Lighting, Low Maintenance Yard, Security System, Sign: Allowed, Sign: Pylon, Storefront
Exterior Features: Lighting, Low Maintenance Yard, Security System, Sign: Allowed, Sign: Pylon, Storefront

Site Influences

Lot SqFt: 7,200
Acres: 0.17
Waste: Sewer To Lot
Lot Features: Curb & Gutter, Level, Rectangular Lot, Sidewalk, Serviced, Central Location

Property Details

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Listed with:

Peter Bevan
Pemberton Holmes - Cloverdale
Phone: 250-883-3030
Fax: 250-380-6355

Kash Burley
Pemberton Holmes Ltd. - Oak Bay
Phone: 250-213-6873