1608 Quadra St - Hospitality FOR SALE


Victoria, BC V8W 2L4
$1,480,000 CAD
250-885-6885
1608 Quadra St, Victoria, BC for Sale
$1,480,000 CAD
Hospitality - FOR SALE
1/4
null | Request Cap Rate

1608 Quadra St
Victoria, BC V8W 2L4


HIGHLIGHTS

  • Located steps from downtown Victoria’s retail, dining, and cultural amenities.
  • Zoned CA-3 permitting retail, office, food/beverage service, and mixed-use development.
  • Offers potential for up to 10,125 sq. ft. of buildable gross floor area.
  • Features vintage character combined with partial modern updates.
  • Convenient access to transit and major city thoroughfares.
  • Seller open to vendor take-back and share-purchase options.

OVERVIEW

Charming non heritage Hostel property for Sale in Prime Downtown Location. This cozy, character-filled hostel boasts 2,835 sq. ft. , combines the charm of a vintage building with modern conveniences, having undergone partial updates. Nestled in the heart of the downtown area, it’s just steps away from popular tourist attractions and all essential amenities, with convenient access to public transit. A fantastic opportunity for anyone looking to own a unique property in a thriving area. Seller is open to a vendor payback arrangement. CA-3 zoning, allows a wide variety of commercial and mixed-use opportunities—retail, office, service, or food/beverage uses. The floor space ratio of a building shall not exceed 3 to 1. Potential up to 10,125 sqft buildable gross floor area. Come make it your DESTINED business! Please do not approach staff and owner regarding sale of business.* Share purchase is also an option. ( All information are from City of Victoria, please verify if important.) (30879056)

FOR SALE DETAILS

PRICE

$1,480,000 CAD

PRICE/SF

$658 CAD /SF

# OF ROOMS

6

PRICE/ROOM

$246,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turtle Hostel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1908

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,376 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel HsuPemberton Holmes Ltd.More Info
250-885-6885

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Daniel HsuPemberton Holmes Ltd.More Info
250-885-6885

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