746 Caledonia  Ave
Downtown | MLS® # 405463
1,999,900
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Description

Tremendous investment opportunity to purchase this M1 zoned property in downtown Victoria! The City of Victoria official community plan now allows for high rise developments in this area!! Being sold - "AS IS, WHERE IS." Site offers excellent exposure to traffic and consists of 7,200 SqFt. The building is currently tenanted Month-to-Month to an import car mechanic/car sales business and is comprised of approximately 3,630 SqFt of Workshop areas, 694 SqFt of mezzanine/loft and 1,235 SqFt of office space on the second floor. Lease now expired and tenant is now on a month to month tenancy at $5,000/Mo PLUS pays Triple Net Expenses. Electrical Service is 3 Phase, 200 Amp. An excellent investment in an excellent location! *NOTE: Buyer to pay for & perform ALL environmental studies that may be required. Don't miss this opportunity - Call today for more information!

General

Title:Freehold
Subtype:Industrial
Status:Current
Annual Taxes:2,018

Interior

Exerior

Subarea:Downtown
Lot Size in sqft:7,200

Listing Agent

Listing Agent:Robert Young
Listing Firm:Queenswood Realty 1995 Ltd.
Vreb Reciprocity for Wendy Morton Real Estate