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Listing by John MacDonald RE/MAX Camosun
$ 2,850,000
Est. payment | /mo
5,317 SqFt
$ 2,850,000
Est. payment | /mo
5,317 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,317 sqft
Price per Sqft $536
MLS Listing ID 1017330
HOA Y/N No
Annual Tax Amount $47,267
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Retail
Property Description
Exceptional commercial investment property on Yates Street, ideally situated in the heart of Victoria's 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 Victoria's 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.
Location
Province BC
County Capital Regional District
Community Vi Downtown
Area Victoria
Direction Please do not view or engage with tenant without prior approval from list agent.
Interior
Fireplace No
Exterior
View Y/N false
Garage No
Others
Ownership Freehold/Strata
Virtual Tour https://tours.snaphouss.com/534yatesstreetvictoriabc?b=0#external_1761391044919
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