524 Yates St - Storefront Retail/Office CONDO FOR SALE


Victoria, BC V8W 1K8
$3,398,800 CAD
250-590-5797
524 Yates St, Victoria, BC for Sale
$3,398,800 CAD
Storefront Retail/Office CONDO - FOR SALE
1/1
null | 5.37% Cap Rate

524 Yates St
Victoria, BC V8W 1K8


OVERVIEW

The Leiser Building is an iconic three-storey brick commercial building on the corner of Yates Street and Waddington Alley in the heart of Victoria’s downtown area. Located in the Old Town district, this rare 4,871 SF street level walk-in strata retail space is easily accessible for pedestrians and has high exposure fronting onto the bustling Yates Street. Renovated in 2008 by Le Fevre & Co. the space has seen significant upgrades in addition to a beautiful interior finish allowing for an open and bright space. The opportunity also includes a bonus 2,595 SF of lower level basement space, a rare find in the downtown Victoria core.

FOR SALE DETAILS

PRICE

$3,398,800 CAD

PRICE/SF

$698 CAD /SF

CAP RATE

5.37%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Simon Leiser Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

19,858 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

OTD-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Harry JonesWilliam Wright CommercialMore Info
250-590-5797

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Harry JonesWilliam Wright CommercialMore Info
250-590-5797

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