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! Long term tenant in
place and wishes to remain. Site offers excellent exposure to traffic and consists of 7,200 SqFt. The building is currently leased 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. The City of Victoria official community plan now allows for high rise developments in this area. Lease has now expired. Tenant is now on month to month lease at $4200 PLUS pays Triple Net Expenses. Electrical Service is 3 Pahse, 200 Amp. An excellent investment in an excellent location!
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 DescriptionServiced, Level
ConstructionConcrete Block
Additional Information
Date ListedFebruary 5th, 2019
Days on Market2
Office

Century 21 Queenswood Realty Ltd.

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