$3,900,000

Commercial For Sale In James Bay, Victoria, British Columbia

$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.