



Property Attributes
- MLS#856902
- TypeCommercial
- CityDistrict of Saanich
- AreaSW Tillicum
- NeighbourhoodSW Tillicum
- Postal CodeV8Z 4C9
- StyleRetail
- Year Built1951
- Taxes13383
- Price$ 1,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3225
- Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Pemberton Holmes - Cloverdale
Property Description
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.
General Features
Commercial Area | Core (excl Downtown) |
---|---|
Commercial Listing Type | Building |
Construction Materials | Frame Wood, Insulation All, Stucco |
Flooring | Mixed |
Heating | Baseboard, Electric, Natural Gas |
Pets Allowed Y/N | Yes |
Property SubType | Retail |
Property Type | Commercial Sale |
Sewer | Sewer To Lot |
Zoning | C2 |
Interior Features
Number Of Units In Community | 5 |
---|---|
Total Units | 5 |
Window Features | Aluminum Frames, Vinyl Frames |
Exterior Features
Building Area Total | 3225.00 |
---|---|
Building Features | Parking, Security System, Transit Nearby, Visual Exposure |
Exterior Features | Lighting, Low Maintenance Yard, Security System, Sign: Allowed, Sign: Pylon, Storefront |
Foundation | Block |
Lot Description | Curb & Gutter, Level, Rectangular Lot, Sidewalk, Serviced, Central Location |
Lot Size Acres | 0.17 |
Lot Size Dimensions | 60 |
Lot Size Square Feet | 7200.00 |
Parking Onsite Yn | Yes |
Water Source | Municipal |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool