1450 Government St

Victoria, BC, V8W 1Z2

$10,900,000

$506 per ft²
$10,900,000
$506 per ft²
Active
Active
 - For Sale
carpenters-square
21,538 ft²
property_type
Commercial
An exciting 21,538 sf retail strata investment opportunity in the heart of Victoria’s downtown core. The opportunity is comprised of one commercial strata unit fully leased long term providing an investment return of 5.74% with existing financing in place for an easy acquisition. Tenanted by MEC, a Vancouver born outdoor gear and retail brand founded in 1971 with 22 stores across Canada is known as the largest supplier of outdoor clothing and recreational gear in the Country. The Property offers exceptional frontage spanning the width of an entire city block, bound by Johnson Street, Government Street and Pandora Avenue.
MLS® ID:
902646
Listed:
5/9/22
Updated:
8/9/22

Other Property Details

Area Name
Victoria
Taxes
$120696.73
Tax Frequency
per YEAR
Garage
No
Parking
On Site
View
N
County
Capital Regional District
Pool
No
Total Stories
1

Property History

Date
Event
Price
Value
6/3/22
Price Change
$10,900,000
-8%

 

Courtesy of CBRE Limited 

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