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. (id:24212)
- Full Address:
- 800 Viewfield Road, Esquimalt, British Columbia
- Price:
- $ 9,850,000
- MLS Number:
- 984615
- List Date:
- January 16th, 2025
- Neighbourhood:
- Old Esquimalt
- Building Size:
- 27741 sq.ft.
- Lot Size:
- 1.64 ac
- Taxes:
- $ 133,345
- Ownership Type:
- Freehold
Property Specifications
Interior Features
- Building Size:
- 27741 sq.ft.
- Zoning:
- Unknown
Building Features
Floors
- Lot Size:
- 1.64 ac
Land
Neighbourhood Features
Ratings
Commercial Info
Location
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Agent: Kevin PirieBrokerage: NAI Commercial (Victoria) Inc.
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