Community SB7 – Success Block – Testimonials Title
Community SB7 – Success Block – Testimonials Text
1602-1608 Fort St
Vi Fernwood
Victoria
V8R 1H9
$1,750,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 977738
- Photos (5)
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This large Urban Village designated development site allows for low to mid-rise multi-family or mixed-use buildings and structures up to six (6) storeys. The total site size is approximately 8,279 square feet, with 99 feet of frontage along Fort Street. There is holding income from an existing tenant, Individual Dry Cleaners, a company affiliated with the vendor, on a minimum 2-year lease-back. 1522-1532 Pandora Avenue is also available for purchase under a separate offering. Combined, these properties would represent an exceptional redevelopment opportunity with holding income.
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Listing General Location:
- Vi Fernwood, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 8,279 sq. ft.769 m2
- Taxes:
- $30,070 / 2024
- Total Building Area:
- 5,644 sq. ft.524 m2
- Commercial Area:
- Core (excl Downtown)
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 1765400.0
- Assessment year:
- 2024
- Jurisdiction name:
- City of Victoria
- Legal Description:
- 1602 Fort Street: LOT 3, SECTION 75, VICTORIA DISTRICT, PLAN 26641, PID: 002-371-804 1608 Fort Street: LOT 13, SECTION 75, VICTORIA DISTRICT, PLAN 1042, EXCEPT THE SOUTHERLY PORTION THEREOF REQUIRED FOR WIDENING FORT STREET, DESCRIBED AS FOLLOWS: COMMENCING AT A POINT ON THE EASTERLY BOUNDARY OF SAID LOT 13 A DISTANCE OF 11.25 FEET MEASURED NORTHERLY FROM THE SOUTH EASTERLY CORNER THEREOF; THENCE SOUTHERLY 11.25 FEET TO THE SAID SOUTH EASTERLY CORNER;THENCE WESTERLY ALONG THE SOUTHERLY BOUNDARY 50 FEET TO THE SOUTH WESTERLY CORNER OF SAID LOT; THENCE NORTHERLY ALONG THE WESTERLY BOUNDARY OF SAID LOT 11.83 FEET; THENCE EASTERLY 48.91 FEET MORE OR LESS TO THE POINT OF COMMENCEMENT. PID: 003-843-041
- Zoning:
- C1-N
- Parking Features:
- On Site
- Road Frontage Type:
- Street
- Road Surface Type:
- Paved
- Total Units:
- 3
- Date Listed:
- Oct 03, 2024
- Original Price:
- 1750000.0
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Listed by Colliers
Data was last updated December 26, 2024 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 69
- Avg list price:
- $798,150
- Min list price:
- $16
- Max list price:
- $6,000,000
- Avg days on market:
- 128
- Min days on market:
- 7
- Max days on market:
- 710
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- JASON ANSON
- FOR MORE INFO. CALL, TEXT OR EMAIL:
- 1-250-252-7653
- [email protected]
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
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