If you need assistance, please call 250-744-3301

$10,900,000
1450 Government St, Victoria, BC V8W 1Z2
0 Beds
0 Baths
n/a SqFt

Share

   
OR
Photos
Map
An exciting 21,538 sf retail strata investment opportunity in the heart of Victoria’s downtown core. The opportunity is comprised of one commercial strata unit fully leased long term providing an investment return of 5.74% with existing financing in place for an easy acquisition. Tenanted by MEC, a Vancouver born outdoor gear and retail brand founded in 1971 with 22 stores across Canada is known as the largest supplier of outdoor clothing and recreational gear in the Country. The Property offers exceptional frontage spanning the width of an entire city block, bound by Johnson Street, Government Street and Pandora Avenue.
  • Price:
  • $10,900,000
  • Listing ID #:
  • 902646
  • Street Address:
  • 1450 Government St
  • City:
  • Victoria
  • Province:
  • British Columbia
  • Postal Code:
  • V8W 1Z2
  • County:
  • Regional District
  • Community:
  • Victoria
  • Subarea:
  • Vi Downtown
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Number Of Units:
  • 1
  • Lot Size Units:
  • Acres
  • Days On Market:
  • 55
  • Originating Mls:
  • Victoria Real Estate Board
  • Previous Listing Price:
  • 11900000
  • Sub Area:
  • Vi Downtown
  • Ownership:
  • Freehold/Strata
  • Property Taxes:
  • $120,696
  • Tax Year:
  • 2021
  • Parking Description:
  • On Site
  • Listing Provided By Chris Rust of Cbre Limited