Bought with Harley Shim Sotheby's International Realty Canada
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Key Details
Sold Price $2,400,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 7,693 sqft
Price per Sqft $311
MLS Listing ID 980331
Sold Date 01/31/25
HOA Y/N No
Annual Tax Amount $45,775
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Business
Property Description
Fantastic Investment opportunity in the Saanich Core. Right across from Uptown. This property is zoned C2 General Commercial. Currently tenanted with good cash flows and a 4.3% cap rate*, this lot is situated in the prime area of the district of Saanich' s vision for the core and the Uptown Douglas Plan. A great candidate property for future-redevelopment Information on the tenancies and financials available upon the execution of a non-disclosure agreement.
*cap rate is an estimation and should not be relied upon without independent verification
Location
Province BC
County Capital Regional District
Community Se Quadra
Area Saanich East
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Street Surface Paved
Garage No
Others
Ownership Freehold
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