153 Menzies St, Victoria, BC, V8V 2G4

MLS® # 1021472

new listing

Commercial For Sale In James Bay, Victoria, British Columbia

$3,900,000

None Beds

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153 Menzies St, Victoria, BC, V8V 2G4

$3,900,000

Property Information:

Historic Mixed-Use Investment in James Bay153 Menzies Street, Victoria, BC – $3,900,000 (Cap Rate: 5.00%)Originally built in 1912 by renowned architect Thomas Hooper, this 7,738 SF is a prominent landmark property in James Bay. Strategically located at the prominent five-way intersection of Menzies and Simcoe Streets, steps from Dallas Road waterfront, Inner Harbour, and downtown Victoria. The main floor offers four boutique commercial units with long-term tenancies, while the second floor features four spacious one-bedroom suites with high ceilings, bay windows, and period detailing. Upside potential on both residential and commercial income. For more information, please see the sales brochure under attachments.

Property Features:

Annual Tax Amount: $42,721
Built in: 1912
Floor Space (approx): 7738 Square Feet
Lot Frontage: 6600 Square Feet
Lot Size: 6600.00 Square Feet
Ownership: Freehold
Property Sub Type: Mixed Use
Zoning: C-1

Courtesy of: Colliers

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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Market Price Trends

All Properties

2.81%

Price change (1 year)

27.84%

Price change (5 years)

Location of 153 Menzies St, Victoria, BC, V8V 2G4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

24/100

Moderate-Low

ClimateCheck®

Current data

This property, 153 Menzies St , experiences 7 hot days per year at around 26.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 29.9 degrees Celsius.

Projected Avg. Temperature

Past

26.9℃

2050

29.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

87/100

High

ClimateCheck®

Current data

This property, 153 Menzies St , experiences 12 significant 2-day storms per year, with about 511.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 588.6mm of precipitation per year.

Precipitation Per Storm

Past

511.6mm

2050

588.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 153 Menzies St, Victoria, BC, V8V 2G4

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$101,013.31

Average Number of Children

1.32

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.53 %

High school certificate or equivalent

25.57 %

Apprenticeship trade certificate/diploma

6.29 %

College/non-university certificate

18.47 %

University certificate (below bachelor)

2.1 %

University Degree

39.04 %

Commuter

Travel To Work

By Car

47.14 %

By Public Transit

10.24 %

By Walking

27.51 %

By Bicycle

8.7 %

By Other Methods

6.41 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

85.79 %

Houses

14.21 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

All Properties

Location of 153 Menzies St, Victoria, BC, V8V 2G4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 153 Menzies St, Victoria, BC, V8V 2G4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

153 Menzies St, Victoria, BC, V8V 2G4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing