$1,750,000

Commercial For Sale In North Jubilee, Victoria, British Columbia

$1,750,000

Property Information:

This large Urban Village designated development site allows for low to mid-rise multi-family or mixed-use buildings and structures up to six (6) storeys. The total site size is approximately 8,279 square feet, with 99 feet of frontage along Fort Street. There is holding income from an existing tenant, Individual Dry Cleaners, a company affiliated with the vendor, on a minimum 2-year lease-back. 1522-1532 Pandora Avenue is also available for purchase under a separate offering. Combined, these properties would represent an exceptional redevelopment opportunity with holding income.

Property Features:

  • Annual Tax Amount: $30,070
  • Floor Space (approx): 5644 Square Feet
  • Lot Frontage: 8279 Square Feet
  • Lot Size: 8279.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Retail
  • Road Frontage Type: Street
  • Road Surface Type: Paved
  • Zoning: C1-N

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.