615-627 Yates St - Storefront Retail/Office FOR SALE


Victoria, BC V8W 1L1
$10,950,000 CAD
250-414-8395
615-627 Yates St, Victoria, BC for Sale
$10,950,000 CAD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

615-627 Yates St
Victoria, BC V8W 1L1


HIGHLIGHTS

  • Anchor tenant in place to September 2034 with rental increases throughout all leases.
  • Lobby was recently renovated.
  • Excellent street parking and parkades in close proximity to this property
  • Well maintained professionally managed building.
  • The 2nd floor Tenant is an ESL school that has been in the building since 2000, with a long-term 10-year lease in place.

OVERVIEW

1290 Broad Street is located in Victoria’s downtown core and features retail catering to both tourism and our local population being situated just off of Government Street and on the prominent corner of Yates and Broad. Surrounding retailers include The Bay Centre, Patagonia, Arcteryx, Robinson’s Outdoor Store, Gabriel and Ross, Roots, Giant Bike, along with local restaurants and retailers. Contact agent for additional information.

FOR SALE DETAILS

PRICE

$10,950,000 CAD

PRICE/SF

$432 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Broad St.

LAND ACRES

0.32 AC

LAND SF

14,071 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ty WhittakerColliersMore Info
250-414-8395

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Ty WhittakerColliersMore Info
250-414-8395

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