$3,750,000
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7,405 Sqft Lot
SOLD DATE : 06/10/2024
Key Details
Sold Price $3,750,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 958189
Year Built 1947
Annual Tax Amount $44,085
Tax Year 2023
Lot Size 7,405 Sqft
Property Description
Offers submitted by Wednesday Apr 10. Cadboro Bay village mixed use commercial building for sale. Excellent exposure on this high traffic central location in the heart of Cadboro Bay village bordering the University of Victoria. Grocery, liquor, restaurants, pub and coffee shops among the many neighbouring businesses. Steps to Gyro beach with southern exposure and views of the ocean from the top floor apartments. Excellent parking with frontage on both Cadboro Bay and Penrhyn St. Long term stable income with tenants in the 4 ground-floor commercial and two second floor residential units. Potential for owner occupier. Recent local area plan envisions future density in this growing and highly desired village. Information package available. Click the multimedia link for virtual walkthrough of one of the apartments. No sign on property. Call for more info.
Location
Province BC
County Capital Regional District
Area Se Cadboro Bay
Zoning C-3
Interior
Heating Baseboard, Electric
Flooring Concrete, Cork, Hardwood, Laminate, Linoleum, Mixed
Exterior
Exterior Feature Awning(s), Balcony/Deck, Balcony/Patio, Display Window, Low Maintenance Yard, Sign: Allowed, Sign: Pylon, Storefront
Parking On Site 1
View Y/N 1
View Ocean
Building
Lot Description Central Location, Corner, Curb & Gutter, Easy Access, Irregular Lot, Level, Shopping Nearby, Sidewalk, Southern Exposure
Story 2
Foundation Poured Concrete, Slab
Sewer Sewer Connected
Water Municipal
Structure Type Block,Concrete,Frame Wood,Stucco & Siding
Others
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
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