- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 984615
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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 Victoria 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 an existing strong and stable rental income.
The property is anchored by Monk Office Supply ('Monk') who are an owner occupier. Monk will do a Seller lease back providing the Buyer with a strong cap rate / yield on the purchase. Alternatively, Monk can provide vacant possession of the Monk occupied space with reasonable notice.
Further details are available upon executing the Non Disclosure Agreement found in the Supplements.
- Property Type:
- Commercial Sale
- Type:
- Industrial
- Commercial Type:
- Building, Land
- Lease Type:
- See Remarks
- Listing General Location:
- Es Old Esquimalt, Esquimalt
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.638 acre(s)0.66 hectare(s)
- Total Building Area:
- 27,741 sq. ft.2,577 m2
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- Township of Esquimalt
- Zoning:
- Light Industrial
- Parking Features:
- On Site
- Date Listed:
- Jan 13, 2025
- Original Price:
- 9850000.0
Larger map options:
Listed by NAI Commercial (Victoria) Inc.
Data was last updated March 31, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $2,680,000
- Min list price:
- $395,000
- Max list price:
- $9,850,000
- Avg days on market:
- 57
- Min days on market:
- 5
- Max days on market:
- 272
These statistics are generated based on the current listing's property type
and located in
Esquimalt. Average values are
derived using median calculations.
- JOHNNY OLARTE
- RE/MAX CAMOSUN
- 1 (250) 7443301
- Contact by Email
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The information is from sources deemed reliable, but should not be relied upon without independent verification.
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