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9711 Fifth St , B

Sidney, BC V8L 2W9
  • $395,000
  • STATUS: Active
  • ON SITE: 150 Days
  • MLS #: 917901
UPDATED: 45 min ago
$395,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
Built:
1992
Area:

School Ratings & Info

School District:

Description

HIGH VISIBILITY COMMERCIAL SPACE DOWNTOWN SIDNEY. (VIRTUAL TOUR AVAILABLE) This unit offers fabulous storefront within the pedestrian area and the shopping district. Amazing window space facing a high traffic area (Fifth@Bevan Ave). Two doors at the front facing Fifth Street: pending approval granted from the appropriate authorities, a new owner could contemplate the feasibility of demising the space into 2 commercial units. Separate door at the back for loading and stocking of inventory. This space has a lot of potential to positively influence an attractive cap rate. 1 parking stall + short-term customer parking at the back. C1 Commercial Zone land use Bylaw with a wide variety of uses. Possibility to take over the 30+ year reliable wool & needlework business "In Sheep's Clothing" and take advantage of owner-occupied financing options offered by many commercial lenders. Own a business in Sidney & real estate space with a positive outlook and new marketing opportunities.

Monthly Payment Calculator

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: 2023-03-31T21:22:18.42.
www.westcoastrealtor.com/homes/134402490
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9711 Fifth St , B Sidney, BC V8L 2W9

  • Price: $395,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 45 min ago
  • MLS #: 917901
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1992
Built
Neighbourhood:
Si Sidney South-East
Area:
Sidney
School District:
Capital Regional District
Property Description
HIGH VISIBILITY COMMERCIAL SPACE DOWNTOWN SIDNEY. (VIRTUAL TOUR AVAILABLE) This unit offers fabulous storefront within the pedestrian area and the shopping district. Amazing window space facing a high traffic area (Fifth@Bevan Ave). Two doors at the front facing Fifth Street: pending approval granted from the appropriate authorities, a new owner could contemplate the feasibility of demising the space into 2 commercial units. Separate door at the back for loading and stocking of inventory. This space has a lot of potential to positively influence an attractive cap rate. 1 parking stall + short-term customer parking at the back. C1 Commercial Zone land use Bylaw with a wide variety of uses. Possibility to take over the 30+ year reliable wool & needlework business "In Sheep's Clothing" and take advantage of owner-occupied financing options offered by many commercial lenders. Own a business in Sidney & real estate space with a positive outlook and new marketing opportunities.
Exterior Features

Construction Materials Frame WoodStucco Entry Location Main Level Exterior Features Storefront Parking Features On Site Parking Total 1 View YN No Waterfront YN No

Interior Features

Cooling None Cooling YN No Fireplace YN No Flooring Mixed Foundation Details Concrete Perimeter Heating Electric Heating YN Yes

Property Features

Association Fee 363 Association Fee Frequency Monthly Association YN Yes Building Features High Traffic AreaParkingShopping NearbyVisual Exposure Building Name Centennial Square Existing Lease Type Sale Price Number Of Units In Community 18 Ownership Freehold/Strata Property Sub Type Mixed Use Sewer Sewer Connected Tax Annual Amount 4658.47 Tax Jurisdiction Town Of Sidney Tax Year 2022 Water Source Municipal Zoning C-1

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Pacifica 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: 2023-03-31T21:22:18.42.
 
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Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8