1015 Fort St new

Victoria,BC V8V 3K5

$ 2999999

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 989730

Rental Info Unrestricted

Year Built 1950

Annual Tax Amount $35,147

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Retail

Property Description

Prime Downtown Victoria Investment Opportunity! This thriving two-storey commercial building is perfectly situated downtown between Vancouver and Cook St. Built in 1950 and seismically upgraded in 2008, it offers over 6,000 sq. ft. of versatile space. Currently operating as a successful restaurant and banquet hall, and a commercial kitchen powered by natural gas. A newer heating/cooling system ensures efficiency. Adding to the income potential, a 1-bedroom suite at the back of the lower level rents for approximately $2,000/month. Adjacent to a 30-unit micro-apartment building, this property is an ideal candidate for a mixed-use transformation, blending commercial and residential spaces (subject to zoning). This is a solid investment with multiple income streams. Don't miss out!

Location

Province BC

County Capital Regional District

Area Vi Downtown

Zoning CA-42

Interior

Flooring Mixed

Inclusions Equip/Machinery,Real Estate

Exterior

Exterior Feature Sign: Allowed,Wheelchair Access

Parking On Site 1

Utilities Available Cable To Lot,Electricity To Lot,Natural Gas To Lot,Phone To Lot

Total Parking Spaces 2

Building

Lot Description Sidewalk

Story 2

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Brick & Siding,Concrete

Others

Tax ID 007-724-420

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

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