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2639 Quadra St

Victoria, BC V8X 5G1
  • $3,750,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 933504
UPDATED: 13 min ago
$3,750,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
Area:

School Ratings & Info

School District:

Description

Incredible Investment Opportunity Awaits! Discover an unparalleled investment opportunity in a prime location that promises exceptional returns. This property is a shining gem with a fully leased building featuring robust long-term leases with an advantageous 6% escalation clause. Its design has been carefully crafted for effortless maintenance, making it an investor's dream. Yet, the true allure of this property lies in its potential for future development. With thoughtful demarcation that considers essential setbacks for future development endeavours, it's a canvas ready for transformation. Our team is well-equipped to provide you with comprehensive information, valuable insights, and expert guidance to unlock the immense potential concealed within this property. Don't miss out on securing a savvy investment that guarantees stability and the promise of future growth. Seize this extraordinary opportunity today!

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-10-02T16:22:07.653.
www.westcoastrealtor.com/homes/140113720
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2639 Quadra St Victoria, BC V8X 5G1

  • Price: $3,750,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 13 min ago
  • MLS #: 933504
0
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighbourhood:
Vi Hillside
Area:
Victoria
School District:
Capital Regional District
Property Description
Incredible Investment Opportunity Awaits! Discover an unparalleled investment opportunity in a prime location that promises exceptional returns. This property is a shining gem with a fully leased building featuring robust long-term leases with an advantageous 6% escalation clause. Its design has been carefully crafted for effortless maintenance, making it an investor's dream. Yet, the true allure of this property lies in its potential for future development. With thoughtful demarcation that considers essential setbacks for future development endeavours, it's a canvas ready for transformation. Our team is well-equipped to provide you with comprehensive information, valuable insights, and expert guidance to unlock the immense potential concealed within this property. Don't miss out on securing a savvy investment that guarantees stability and the promise of future growth. Seize this extraordinary opportunity today!
Exterior Features

Construction Materials Block Entry Location Main Level Exterior Features Sign: Pylon Lot Features Curb & GutterRectangular Lot Parking Features On Site Parking Total 0 View YN No Waterfront YN No

Interior Features

Cooling Air Conditioning Cooling YN Yes Fireplace YN No Flooring Concrete Heating Forced Air Heating YN Yes

Property Features

Building Features High Traffic AreaParkingTransit Nearby Existing Lease Type Sale Price Inclusions Electric Net Operating Income 173709.04 Ownership Freehold Property Sub Type Retail Rental Allowed Unrestricted Sewer Sewer To Lot Tax Annual Amount 26324.57 Tax Jurisdiction City Of Victoria Tax Year 2022 Utilities Electricity ConnectedPhone Connected Water Source Municipal Youngest Age Allowed 0 Zoning Commercial

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Jonesco Real Estate Inc and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-10-02T16:22:07.653.
 
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Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8