250-414-8379
1120 Yates St, Victoria, BC for Sale
Medical - FOR SALE
1/5
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1120 Yates St
Victoria, BC V8V 3M9


HIGHLIGHTS

  • Five (5) storey office and retail building on the periphery of downtown Victoria
  • Over 2,000 residential units within a 5 minute walk to be delivered
  • Significant building upgrades completed between 2021 to 2024 totalling approximately $3.3 million
  • Predominantly leased to health related and medical professionals, ensuring great tenant stability

OVERVIEW

Colliers Macaulay Nicolls Inc. (“Colliers”) has been retained on an exclusive basis by Cook and Yates Holdings Ltd. (the “Owner”) to offer for sale the Victoria Professional Building (“Vic Pro” or the “Property”) located at 1120 Yates Street, Victoria, BC. Prominently located on the eastern periphery of downtown Victoria, Vic Pro features five (5) storeys of office and retail units totaling 46,316 SF of rentable area. The Property shares underground parking with the neighbouring residential buildings, NEST and Haven, providing 100 commercial parking stalls of which 75 are reserved and 25 are hourly/ daily spaces.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Victoria Professional Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

88

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

CD-16

APN/PARCEL ID

031-644-961

ASK ABOUT THIS PROPERTY

Brandon SelinaColliersMore Info
250-414-8379

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Brandon SelinaColliersMore Info
250-414-8379

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