1833 Cook St - Storefront FOR SALE


Victoria, BC V8T 3P5
$1,375,000 CAD
1833 Cook St, Victoria, BC for Sale
$1,375,000 CAD
Storefront - FOR SALE
1/7
null | Request Cap Rate

1833 Cook St
Victoria, BC V8T 3P5


HIGHLIGHTS

  • Two-story 2,810 SF retail building with additional 501 SF storage structure.
  • Exceptional 50-foot frontage on Cook Street in North Park’s commercial hub.
  • Seismic upgrades completed in 2005 to enhance structural integrity.
  • Currently leased to an established bicycle shop through the end of 2028.
  • Located near downtown Victoria, a revitalizing neighborhood with strong transit access.
  • CVD-1 zoning with broad permitted uses, including retail and service-based operations.

OVERVIEW

Presented by CBRE, 1833 Cook Street represents a rare opportunity to acquire a fully leased retail investment property within Victoria’s growing North Park neighborhood. The property features a two-story 2,810 SF retail building anchored by a long-standing tenant, North Park Bike Shop, with an additional 501 SF ancillary structure at the rear of the lot. Tenant has committed through the end of 2028, with three renewal options remaining, providing secure income stability for investors. This asset boasts approximately 50 feet of exceptional frontage along Cook Street, a major connector located blocks from Victoria’s vibrant downtown core. The site benefits from strong transit service, pedestrian connectivity, and rapid neighborhood densification, supported by numerous nearby residential and mixed-use developments. Seismic upgrades performed in 2005 add further structural integrity. Positioned within the CVD-1 (Community Village District 1) zone, permitted uses extend beyond retail, accommodating a range of service and cultural uses, aligning with the area’s continued revitalization.

FOR SALE DETAILS

PRICE

$1,375,000 CAD

PRICE/SF

$415 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,725 SF

ZONING

ZONING | CVD-1

APN/PARCEL ID

009-274-324

ASK ABOUT THIS PROPERTY

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