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$ 9,850,000
Est. payment | /mo
1.64 Acres Lot
$ 9,850,000
Est. payment | /mo
1.64 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 953802
Rental Info Unrestricted
Annual Tax Amount $133,345
Tax Year 2023
Lot Size 1.640 Acres
Acres 1.64
Property Description
Price reduced - Large light industrial zoned property in a highly desirable area of Esquimalt (with a portion of the property in Vic West) just minutes from downtown with convenient access to major transportation routes in and around the City. With just 35% site coverage, the property has significant development potential (approx. 20,000 SF in excess land) while providing the owner with a strong rental income. The property is suitable for the investor seeking a strong cap rate / yield while also offering an owner / occupier opportunity for end users.
Location
Province BC
County Capital Regional District
Area Es Old Esquimalt
Zoning Light Industrial
Exterior
Parking On Site 1
Others
Tax ID 001-510-126
Ownership Freehold
Acceptable Financing Clear Title
Listing Terms Clear Title
Listed by NAI Commercial (Victoria) Inc.
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