7925 E Saanich Rd - Retail FOR SALE


Capital, BC V8M 1T4
$3,750,000 CAD
250-414-8392
7925 E Saanich Rd, Capital, BC for Sale
$3,750,000 CAD
Retail - FOR SALE
1/1
null | Request Cap Rate

7925 E Saanich Rd
Capital, BC V8M 1T4


HIGHLIGHTS

  • The building was gutted top to bottom in 2021–2023 to its current configuration, providing a successful purchaser with low maintenance requirements.
  • Each residential unit contains 3 bedrooms and 2 bathrooms.
  • The 2,700 SF ground floor commercial unit is fully leased to an established daycare operator, with room for 37 kids.
  • Walking distance to groceries, cafes, restaurants, and other daily needs.

OVERVIEW

Colliers is pleased to offer for sale 7925 East Saanich Road, a fully renovated strata titled mixed-use building containing three residential units and a large ground floor commercial unit fully leased to a daycare facility. Previously used as a retail store on the main floor and daycare facility on the lower floor, the building underwent extensive renovations to create three residential units on the main floor and a new upper floor while also expanding the daycare on the lower floor. Upgrades include fire separation between units and commercial spaces, seismic reinforcements, new plumbing, perimeter drains, and electrical panels for each residential unit and the daycare.

FOR SALE DETAILS

PRICE

$3,750,000 CAD

PRICE/SF

$604 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,292 SF

ZONING

C-3A

APN/PARCEL ID

006-286-356

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.