121 Menzies St

Multi Family For Sale in Vi James Bay, Victoria

$2,600,000
Outstanding 12 unit heritage conversion for sale in the heart of James Bay. The ‘Sims Residence” was built in 1907. It was lifted in 1991, and extensively renovated in the mid 1990’s, this is a solid revenue generating asset. From the overbuilt foundation, fire-guard drywall throughout, offset baffled walls between units (noise reduction), sprinkler system, and high quality storm-rated shingles, this is a building with solid bones and fantastic potential. Located across the street from James Bay Thrifty’s, this is the hub of the community and the heart of the old city. Coin-op Laundry, bike storage, and opportunity for additional storage revenue, there is a lot of opportunity here. Detached garden suite w/ loft could make a fantastic owner-occupied space. R-2, two family zoning, this is probably the highest-and-best use you will find for a registered heritage home in Victoria. Own a piece of history, and create some of your own for future generations.
Address 121 Menzies St
List Price $2,600,000
Property Type Commercial Sale
Type of Dwelling Multi Family
Area Victoria
Sub-Area Vi James Bay
Year Built 1907
MLS® Number 917652
Listing Brokerage RE/MAX Camosun
Postal Code V8V 2G4
Tax Amount $11,039
Tax Year 2022
Features Carpet, Hot Water, Laminate, Mixed, Mixed, Radiant Floor, Tile
Amenities Central Location, Curb & Gutter, Family-Oriented Neighbourhood, Fenced, Fencing: Full, Level, Low Maintenance Yard, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk

Request More Info or a Showing

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

Email Directly