Now priced at $925,000: Prime Investment Opportunity! RBC-tenanted street-level commercial strata units in thriving Sidney, BC, located at 2491 Bevan Avenue. These two lots comprise a single secure tenancy with a AAA wealth management brokerage (RBC Dominion Securities) in the heart of downtown Sidney. AND the premises have been recently outfitted (June, 2023) by the owner with TWO BRAND NEW HEAT PUMPS at a cost of $30,000.
Comprising 1,962 square feet with approx. 2 years remaining on the current lease term, with a 5 year renewal option. 4.7% cap rate on asking price; potential for increased rate on renewal. Very nicely improved professional office space with considerable street frontage befitting a national tenant of this caliber. Plus 6 onsite parking stalls. Contact agent for details. Please do not disturb tenant.