581 Niagara St, Victoria


0 Beds
0 Baths
3,200 Sqft
.08 Acres
0 Garages

Pleased to present the opportunity to purchase a free standing mixed use building in beautiful James Bay located at 581 Niagara St. This building has recently undergone a complete renovation, with new plumbing, electrical, insulation and a new roof in March 2019.The Ground floor space has housed a community grocery store since it was originally built in 1908, making it the oldest grocery store in Victoria. The ground floor commercial space is approximately 1600 sqft and is health board approved for food service as well. The newly renovated upper suites have private entrance and consist of a 2 bedroom suite and a large 1 bedroom suite. With the building built directly on 3 lot lines, a large outdoor space has been created which can be used for parking or as an outdoor patio for the commercial tenant.
Great opportunity for an opener operator or an investor. 4 % CAP rate and room for increased lease rates. *Please do not approach staff. Call to set up viewings.

Essential Information
MLS® #415277
Square Footage3,200
StyleMixed Use, Multi-Family
Community Information
Address581 Niagara St
SubdivisionVi James Bay
Postal CodeV8V 1H8
FeaturesFloor: Concrete, Floor: Mixed
# of Stories2
ExteriorStucco & Siding
Lot DescriptionView: City
Additional Information
Date ListedSeptember 3rd, 2019
Days on Market40
Listing Details
OfficePemberton Holmes - Cloverdale

Get directions to this property:

Properties for Sale Similar to 581 Niagara St, Victoria, BC

Photo of Listing #412437
New Listing

148 Superior St, Victoria

$1,290,000 - 3,500 Sf

MLS® # 412437

Pemberton Holmes - CloverdaleVictoria Real Estate Board Logo

Victoria Real Estate Board LogoNOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.

Sign up for email updates