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 5.25% 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 |
$11,900,000 |
| 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 |
