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747-751 Discovery St Victoria, British Columbia V8T 1H1
$3,990,000
Owner occupier or development opportunity with holding income. Opportunity to acquire a tenanted light industrial property on a large 14,400 square foot lot with secure holding income. The two legal properties function as one and are improved with a single-story L shaped light industrial building demised into 4 units with a large parking lot. The Property is directly adjacent to a large master planned redevelopment of the block fronting Douglas Street between Caledonia Street and Discovery Street. This development is proposing three towers over a shared podium with 451 new homes, 31,000 square foot grocery store, large public plaza, dedicated childcare centre, and office space. 3 of the 4 units are currently lease, with one tenant going month to month May 2023. Both other tenants have demolition clauses in their leases. (id:47287)
Property Details
| MLS® Number | 923501 |
| Property Type | Industrial |
| Neigbourhood | Downtown |
Building
| Size Exterior | 9308 Sqft |
Land
| Acreage | No |
| Size Irregular | 14400 |
| Size Total | 14400 Sqft |
| Size Total Text | 14400 Sqft |
| Zoning Description | M-1 Limited Light Indust |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/25275139/747-751-discovery-st-victoria-downtown
Interested?
Contact us for more information
Marc Foucher
Colliers
1110-1175 Douglas St
Victoria, British Columbia V8W 2E1
1110-1175 Douglas St
Victoria, British Columbia V8W 2E1
(250) 388-6454
(250) 382-3564
www.colliers.com/
Dan Juricic
Personal Real Estate Corporation
(250) 655-0618
RE/MAX Camosun
14-2510 Bevan Ave
Sidney, British Columbia V8L 1W3
14-2510 Bevan Ave
Sidney, British Columbia V8L 1W3
(250) 655-0608
(877) 730-0608
(250) 655-0618
www.remax-camosun-victoria-bc.com/
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June 01 2023 01:11:07
Victoria Real Estate Board
Colliers, RE/MAX Camosun
