12,598 ft²Retail$2,950,000Sale
12,598 ft²
Retail
$2,950,000
Sale
Dave Bornhold, AACI, BA, DULE
Avison Young - CA - BC - Victoria
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The building has two tenants on the retail level and one tenant on the 2nd floor. The basement is occupied by the two retail tenants for bike service and storage. Access to the basement is by way of a staircase in 1419 Broad Street and a rear access from the laneway accessible from Pandora Avenue. The improvements were constructed in 1909 by architect William Ridgeway Wilson for the Western Motor and Supply Company. The property was later purchased by the Royal Canadian Legion who occupied the building until 2001 when it was purchased by the current owners who completed the conversion to the multi tenant commercial building that exists today. The main floor is occupied by two well established retail operators. The second floor is occupied by the Victoria Events Centre – a licensed events centre with a liquor capacity of 250 people. Recent Improvements include: • Roof replacement in 2021 • New heat pump for 1417 Broad St. in 2021 • New elevator for 1415 Broad St. in 2023
The Space
Asking Price$2,950,000
Available Space12,598 ft²
SourceBuildout
The Building
The subject property is prominently situated on the east side of Broad Street between Pandora Avenue and Johnson Street. This portion of Broad Street extends from City Hall to the north and Bay Center to the South. The street has been improved with angle parking, brick pavers and sidewalk improvements creating a welcoming atmosphere with excellent street appeal.
Property TypeRetail
Building Size12,598 ft²
Up to $500K for British Columbia businesses
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