3892 Carey Rd District of Saanich, BC
$ 1,300,000
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


  • 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

Property vs Postal Code Average in V8Z 4C9

AVG $1.3M
AVG $13,383
AVG 34
Year Built
AVG 1951
AVG 53
Data Provided by Walkscore ® not using MLS data