746 Caledonia Ave, Victoria

$1,999,900

0 Beds
0 Baths
4,324 Sqft
.17 Acres
0 Garages

Tremendous investment opportunity to purchase this M1 zoned property in downtown Victoria! The City of Victoria official community plan now allows for high rise developments in this area!! Being sold - "AS IS, WHERE IS." Site offers excellent exposure to traffic and consists of 7,200 SqFt. The building is currently tenanted Month-to-Month to an import car mechanic/car sales business and is comprised of approximately 3,630 SqFt of Workshop areas, 694 SqFt of mezzanine/loft and 1,235 SqFt of office space on the second floor. Lease now expired and tenant is now on a month to month tenancy at $5,000/Mo PLUS pays Triple Net Expenses. Electrical Service is 3 Phase, 200 Amp. An excellent investment in an excellent location! *NOTE: Buyer to pay for & perform ALL environmental studies that may be required. Don't miss this opportunity - Call today for more information!

Essential Information
MLS® #405463
Price$1,999,900
Square Footage4,324
Acres0.17
TypeCommercial
Sub-TypeIndustrial
StyleMixed Use
StatusCurrent
Community Information
Address746 Caledonia Ave
SubdivisionVi Downtown
CityVictoria
ProvinceBC
Postal CodeV8M 1T1
Exterior
Lot DescriptionLevel, Serviced
ConstructionConcrete Block
Additional Information
Date ListedFebruary 5th, 2019
Days on Market189
Office

Century 21 Queenswood Realty Ltd.

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