1450 Government St

Retail For Sale in Vi Downtown, Victoria

$10,900,000
An exciting 21,538 sf retail strata investment opportunity in the heart of Victoria’s downtown core. The opportunity is comprised of one commercial strata unit fully leased long term providing an investment return of 5.74% with existing financing in place for an easy acquisition. Tenanted by MEC, a Vancouver born outdoor gear and retail brand founded in 1971 with 22 stores across Canada is known as the largest supplier of outdoor clothing and recreational gear in the Country. The Property offers exceptional frontage spanning the width of an entire city block, bound by Johnson Street, Government Street and Pandora Avenue.
Address 1450 Government St
List Price $10,900,000
Property Type Commercial Sale
Type of Dwelling Retail
Area Victoria
Sub-Area Vi Downtown
MLS® Number 902646
Listing Brokerage CBRE Limited
Postal Code V8W 1Z2
Tax Amount $120,697
Tax Year 2021

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Scott Piercy & James LeBlanc

Engel & Völkers Vancouver Island

735 Humboldt Street Victoria BC V8W 1B1

Mobile: 250 686 7789, 250-812-7212

Office: 778 433 8885

Toll Free: 1-866-599-3933

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