1522-1532 Pandora Av - Storefront Retail/Residential FOR SALE


Victoria, BC V8R 1A8
$2,900,000 CAD
250-414-8379
1522-1532 Pandora Av, Victoria, BC for Sale
$2,900,000 CAD
Storefront Retail/Residential - FOR SALE
1/5
null | 2.52% Cap Rate

1522-1532 Pandora Av
Victoria, BC V8R 1A8


HIGHLIGHTS

  • Desirable Oak Bay Junction location
  • Central location near Stadacona Park, Royal Jubilee Hospital, Oak Bay Village and downtown Victoria
  • Walking distance to Shopper’s Drug Mart, Urban Grocer, Subway, Save-On-Foods and other quick service retailers
  • Transit stop located adjacent to the Property
  • Significant property upside of over 73% on the residential suites
  • 5 residential suites currently vacant providing immediate value-add opportunity

OVERVIEW

Mixed-use investment property located in Victoria, surrounded by abundant parkland and British colonial Victorian architecture, with the stunning shores overlooking the Salish Sea a mere 10 minute drive away. The Property is a 3-storey mixed use building with 17 residential suites and four (4) ground floor commercial units. Constructed circa 1914, the building features cast-in-place concrete construction with brick masonry, surface level parking, natural gas-fired boiler heating system which feeds hydronic cast iron radiators, and on-site laundry.

FOR SALE DETAILS

PRICE

$2,900,000 CAD

PRICE/SF

$128 CAD /SF

CAP RATE

2.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,712 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brandon SelinaColliersMore Info
250-414-8379

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Brandon SelinaColliersMore Info
250-414-8379

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