$5,300,000

Commercial For Sale In North Jubilee, Victoria, British Columbia

$5,300,000

Property Information:

2680 Richmond street is a two storey medical office building of 12,260 SF being utilized primarily by the Vancouver Coastal Health Authority as an arthritis clinic. The building has been specifically adapted for the existing use and includes several unique features in comparison to more typical commercial service/office structures, including an interior pool and shower facilities. The building has been well maintained and significant renovations were completed in 2014 and 2023. The building benefits from having one hydrolic elevator, serviced by 800-amp power, and heating, cooling and ventilation is provided by an electrically powered heat pump unit, four (4) electrically powered air conditioner units and electric baseboard heaters. A unique investment opportunity with a strong covenant tenancy with the Vancouver Coastal Health Authority, occupying the building for more than 40 yeasrs, while also a potential owner-occupier opportunity with the landlord's option to terminate the lease.

Property Features:

  • Annual Tax Amount: $54,550
  • Built in: 1979
  • Floor Space (approx): 12260 Square Feet
  • Lot Frontage: 35197 Square Feet
  • Lot Size: 0.81 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Office
  • Road Surface Type: Paved
  • Zoning: R1-C
  • No. of Parking Spaces: 30

Courtesy of: COLLIERS MACAULAY

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.