3892 Carey Rd
SW Tillicum Saanich V8Z 4C9

$1,250,000
Commercial Sale built: 1951

Main Photo: 3892 Carey Rd in Saanich: SW Tillicum Retail for sale (Saanich West) : MLS®# 856902

Photo 1: 3892 Carey Rd in Saanich: SW Tillicum Retail for sale (Saanich West) : MLS®# 856902

Photo 2: 3892 Carey Rd in Saanich: SW Tillicum Retail for sale (Saanich West) : MLS®# 856902

Photo 3: 3892 Carey Rd in Saanich: SW Tillicum Retail for sale (Saanich West) : MLS®# 856902

Status:: Sold

Prop. Type:: Commercial Sale

MLS® Num:: 856902

Sold Date:: Mar 08, 2021

Year Built:: 1951

Prime location Commercial building offers 4 retail units and one residential suite on 2nd floor. Long term tenants in place. C2 zoning allows wide range of uses. 6 parking spaces. 2 year old roof, and most windows updated. High traffic and visibility. Gross Income $67,200 from the 5 leases; Net Income $45,287 yielding a 3.48 % CAP after allowing 2% vacancy. Most rates on leases are below market rent.

Listing Info:

Price:: $1,250,000

Property Type:: Commercial Sale

MLS® Num:: 856902

Status:: Sold

Status:: Sold

Prop. Type:: Commercial Sale

MLS® Num:: 856902

Sold Date:: Mar 08, 2021

Year Built:: 1951

Area Statistics

Listings on market:: 13

Avg list price:: $1,350,000

Min list price:: $249,999

Max list price:: $25,000,000

Avg days on market:: 114

Min days on market:: 8

Max days on market:: 253

These statistics are generated based on the current listing's property type and located in Saanich West. Average values are derived using median calculations. This data is not produced by the MLS® system.