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Listing by Vic Smith Sutton Group West Coast Realty
$4,800,000
Est. payment /mo
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,600
MLS Listing ID 1022369
HOA Y/N No
Annual Tax Amount $32,548
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Retail
Property Description
Prime Investment Opportunity! Offered for the first time on the market,1881 Fort St represents a rare opportunity to acquire a well-established neighborhood strip mall in one of Victoria's most sought-after and resilient locations. Ideally positioned directly across from Royal Jubilee Hospital, this property benefits from exceptional visibility, and a built-in customer base that supports long-term stability. This property is home to excellent tenants operating under strong leases with built-in escalation clauses, providing reliable income growth and peace of mind for the discerning investor. The tenant mix is well suited to the surrounding community and hospital presence, contributing to consistent demand and low vacancy risk. A true long-term hold, this asset combines location, income security, and future upside, qualities rarely found in today's market. Whether expanding an existing portfolio or seeking a cornerstone investment, a genuine gem in the Victoria commercial landscape.
Location
Province BC
County Capital Regional District
Community Vi Jubilee
Area Victoria
Zoning Commercial
Direction On Fort across from Jubliee Hospital. Please DO NOT approach the Tenants. Call the LA
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Street Surface Paved
Garage No
Others
Restrictions Restrictive Covenants
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
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