9839 Fifth St, Sidney

$2,650,000

0 Beds
0 Baths
3,687 Sqft
.29 Acres
0 Garages

Attractive mixed use property on high profile corner in midst of commercial core of Sidney. Strong retail tenant (Monk Office) on main floor has occupied the space for 12 years and there is a new 7-year lease in place (with demo clause). Three stable long term residential tenants occupy the two spacious and well appointed 2-bedroom suites and 1-bedroom suite on the second floor. Residential suites are separately metered and rented below market. Generous on-site parking. This property offers a low maintenance investment with reliable cash flow and upside revenue growth. Existing zoning and OCP support re-development to 4-storey condo project.

Essential Information
MLS® #425929
Price$2,650,000
Square Footage3,687
Acres0.29
TypeCommercial
Sub-TypeRetail
StyleRetail
StatusCurrent
Community Information
Address9839 Fifth St
SubdivisionSI Sidney North-West
CitySidney
ProvinceBC
Postal CodeV8L 2X4
Additional Information
Date ListedMay 12th, 2020
Days on Market1
Listing Details
OfficeNAI Commercial (Victoria) Inc.
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