121 Menzies St

Victoria, BC, V8V 2G4

$2,600,000

$782 per ft²
$2,600,000
$782 per ft²
Active
Active
 - For Sale
carpenters-square
3,324 ft²
property_type
Commercial
calendar
Built 1907
Outstanding 12 unit heritage conversion for sale in the heart of James Bay. The ‘Sims Residence” was built in 1907. It was lifted in 1991, and extensively renovated in the mid 1990’s, this is a solid revenue generating asset. From the overbuilt foundation, fire-guard drywall throughout, offset baffled walls between units (noise reduction), sprinkler system, and high quality storm-rated shingles, this is a building with solid bones and fantastic potential. Located across the street from James Bay Thrifty’s, this is the hub of the community and the heart of the old city. Coin-op Laundry, bike storage, and opportunity for additional storage revenue, there is a lot of opportunity here. Detached garden suite w/ loft could make a fantastic owner-occupied space. R-2, two family zoning, this is probably the highest-and-best use you will find for a registered heritage home in Victoria. Own a piece of history, and create some of your own for future generations.
MLS® ID:
917652
Listed:
10/23/22
Updated:
2/7/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Carpet, Laminate, Mixed, Tile
Heating
Hot Water, Radiant Floor, Mixed

Exterior/Building Features

Exterior Features
Fenced, Fencing: Full, Low Maintenance Yard
Lot Details
Central Location, Curb Gutter, Family-Oriented Neighbourhood, Level, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk
Sewer
Sewer Connected

Other Property Details

Area Name
Victoria
Taxes
$11039.17
Tax Frequency
per YEAR
Garage
No
Parking
On Site
Parking Total
2.0
View
Y
County
Capital Regional District
Utilities
Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Connected, Recycling
Water Source
Municipal
Pool
No
Buyer Agency Compensation
3% & 1.5%

Property History

Date
Event
Price
Value
1/25/23
Price Change
$2,600,000
-11%
12/12/22
Price Change
$2,950,000
-13%

Courtesy of RE/MAX Camosun, Vincent Baart

Listing Contact:  

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