-Fully-leased investment property with rare on-site parking, The Subject Property benefits from a long-standing, stable income with a solid track record of occupancy, anchored by ground floor tenant John's Place Restaurant,
-Central downtown Victoria locale
-iconic heritage registered property located in a dynamic and rapidly growing area of Downtown Victoria.
-Strategically located along Pandora Avenue and Johnson Street, two essential thoroughfares connecting downtown to Victoria's surrounding communities, and is walking distance to essential amenities such as grocery, retail, restaurants, financial and medical services, civic centres, attractions, and parks.
NOI: $118,940*
Price:$2,300,000
Cap Rate: 5.17%*
| Address |
723 Pandora Ave |
| List Price |
$2,160,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Retail |
| Area |
Victoria |
| Sub-Area |
Vi Downtown |
| Lot Size |
7818 Sq. Ft. |
| MLS® Number |
944559 |
| Listing Brokerage |
Marcus & Millichap
|
| Postal Code |
V8W 1N9 |
| Tax Amount |
$32,928 |
| Tax Year |
2023 |
