661 Burnside Rd E - Retail FOR SALE
Victoria, BC V8T 2X9 |
$3,500,000 CAD
250-414-8392
661 Burnside Rd E
Victoria, BC V8T 2X9
HIGHLIGHTS
- Ground floor space ideal for an owner-occupier, complemented by income-producing commercial tenants on the second floor.
- Robust 600-amp electrical capacity supports diverse operational needs.
- Exceptional visibility and convenient access to the Trans-Canada Highway via Douglas Street and Burnside Road East.
- Enhanced safety features with twelve security cameras strategically positioned throughout the property.
OVERVIEW
661 Burnside Road East offers owner-occupiers the ability to acquire their own real estate while occupying all or a portion of the ground floor, complemented by stable rental income from second-floor tenants. For investors, the property presents a compelling value-add opportunity through the lease-up of the ground floor, enhancing overall income and long-term returns.
FOR SALE DETAILS
PRICE
$3,500,000 CAD
PRICE/SF
$408 CAD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C1-N-BU
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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250-414-8392
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250-414-8392
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