Office / Retail / Other
Premium retail location with very busy traffic exposure, free standing building. Main floor retail space of 2000 sq ft. and 2nd floor space of 900 sq ft. Total lease able space of 2900 sq ft. Land size of 32.90 x 117.92 = 3879.56. Great Investment Opportunity for retail/office or potential of retail and residential mix building. Excellent Victoria location wtih many more possibilities under C2 zoning. Across the street newer building and lots of business developments and new buidlings are under constructions or built in the neighbourhood of 37 Ave to 57 Ave. Fully leased at present w/two retail units on street level, one second level residential suite leased, and Jim Pattison street billboard/sign income. Past few years monthly rent 7250.00 x 12=$87,000.00 (annual) plus commercial tenants pays GST and other expenses extra! Now one unit being offered higher rent the annual potential gross rent shall be even higher. Call LR for further information.
Available Space2,900 ft²
Net Operating Income$92000
Property UseInvestment property
Retail Portion2,000 ft²
2 Stories mixed built concrete brick and wood frame. Newer roof, hot water tank and furnace. Some updating done recently.
Property TypeOffice / Retail / Other
Building Size2,900 ft²
Lot Size3,879 ft²