1831 Oak Bay Av - Apartments CONDO FOR SALE


Victoria, BC V8R 1C3
$1,620,000 CAD
250-414-8392
1831 Oak Bay Av, Victoria, BC for Sale
$1,620,000 CAD
Apartments CONDO - FOR SALE
1/1
null | Request Cap Rate

1831 Oak Bay Av
Victoria, BC V8R 1C3


OVERVIEW

Opportunity to acquire a prime ground floor commercial strata unit along Oak Bay Avenue, ideal for those seeking to own their own real estate. This ±2,105 SF retail unit is currently leased to RBC, who have indicated a willingness to terminate their lease and vacate the premises upon sale. Alternatively, a purchaser can elect to maintain the existing tenancy through its expiry in May 2027, providing near-term income stability. The unit benefits from extensive infrastructure, mechanical, and electrical upgrades completed by RBC, offering a high-quality and functional space for a range of users. The premises feature direct frontage and access from Oak Bay Avenue, along with a rear exit connecting to second-level commercial tenant parking, providing convenient accessibility for both customers and staff.

FOR SALE DETAILS

PRICE

$1,620,000 CAD

PRICE/SF

$770 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

12,000 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

CVD-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Marc FoucherColliersMore Info
250-414-8392

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Marc FoucherColliersMore Info
250-414-8392

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