Victoria, BC V8W 1N9,723 Pandora Ave

$2,000,000

Est.Price: ?

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Est. payment /mo

7,840 Sqft Lot


SOLD DATE : 04/05/2024

Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 944559

Annual Tax Amount $32,927

Tax Year 2023

Lot Size 7,840 Sqft

Property Description

-Anchored by popular eatery, John's Place, who have over 35 years of tenure.
-Fully -leased investment property with rare on-site parking, The Subject Property benefits from a long-standing, stable income with a sold track.
-Central downtown Victoria locale
-Iconic heritage registered property located in a dynamic and rapidly growing area of Downtown Victoria.
-Strategically located along Pandora Avenue and Johnson Street, two essential thoroughfares connecting downtown to Victoria's surrounding communities, and is walking distance to essential amenities such as grocery, retail, restaurants, financial and medical services, civic centres, attractions, and parks.

NOI: $118,940*
Price:$2,300,000
Cap Rate: 5.17%*

Location

Province BC

County Capital Regional District

Area Vi Downtown

Exterior

Parking On Site 1

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Listed by Marcus & Millichap
Bought with Sotheby's International Realty Canada
agent-avatar

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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