1222 Douglas St

Vi Downtown Victoria V8W 2E5

Situated on a ±15,214 corner lot in the heart of downtown Victoria, 1222 & 1280 Douglas Street offers a rare opportunity to acquire a prominently located building with strong in-place income and value-add potential. The existing national tenants provide stable cash flow from the ground floor, while the vacant second level presents purchasers with the opportunity to immediately lease, reposition, demise, or occupy the ±15,000 square feet on the second floor. It's central location offers immediate access to transit, amenities, and a high volume of pedestrian and vehicle traffic year-round. 5.6% cap rate based on in-place income with upside potential.