Monday to Friday
9AM to 5PM
- 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.
- Price:
- $1,250,000
- Property Type:
- Commercial Sale
- MLS® Num:
- 856902
- Status:
- Sold
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Data was last updated January 3, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $1,047,000
- Min list price:
- $100,000
- Max list price:
- $6,400,000
- Avg days on market:
- 134
- Min days on market:
- 57
- Max days on market:
- 465
These statistics are generated based on the current listing's property type
and located in
Saanich West. Average values are
derived using median calculations.
- Peter Bevan
- Pemberton Holmes - Cloverdale
- 250-883-3030
- Contact by Email
Tricia Keller
Personal Real Estate Corporation