1602-1608 Fort St - Office FOR SALE


Victoria, BC V8R 1H9
$1,650,000 CAD
250-414-8399
1602-1608 Fort St, Victoria, BC for Sale
$1,650,000 CAD
Office - FOR SALE
1/3
null | Request Cap Rate

1602-1608 Fort St
Victoria, BC V8R 1H9


HIGHLIGHTS

  • Large Urban Village designated development site permitting low to mid-rise multi-family or mixed-use buildings and structures up to six (6) storeys
  • Under the Large Urban Village, the maximum development potential would be 20,698 buildable SF
  • Central location near Stadacona Park, Royal Jubilee Hospital, Oak Bay Village and downtown Victoria
  • Holding income from an existing tenant and possibly Individual Dry Cleaners, a company affiliated with the vendor, on a short-term basis

OVERVIEW

The properties are located at Oak Bay Junction, the confluence of Fort Street, Oak Bay Avenue and Pandora Avenue, all of which are major transportation corridors connecting downtown Victoria with the neighbourhoods of Fernwood, Jubilee and the District of Oak Bay. Given the location, the properties are well serviced by major bus routes going in and out of the core to Royal Jubilee Hospital, Camosun College and the University of Victoria. The properties are near many services and amenities such as the newly opened Urban Grocer, directly across Fort Street, Shoppers Drug Mart, Save-on-Foods, Red Barn Market, Shine Café as well as Oak Bay Recreational Centre and Stadacona Park.

FOR SALE DETAILS

PRICE

$1,650,000 CAD

PRICE/SF

$175 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,279 SF

ZONING

C1-N

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael MillerColliersMore Info
250-414-8399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael MillerColliersMore Info
250-414-8399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.