534 Yates ST #101 Active

Victoria,BC V8W1K8

$ 2850000

- Bed

- Bath

0 SqFt


Key Details

Property Type Townhouse, Commercial

Sub Type Strata

Listing Status Active

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 1017330

Lot Size 5,317 Sqft

Property Sub-Type Strata

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. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

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