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Home BC Greater Victoria Sidney
1,2,5 2061 Malaview Ave W
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1,2,5 2061 Malaview Ave W $2,800,000
1 day ago
$2,800,000
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1,2,5 2061 Malaview Ave W
Sidney, British Columbia V8L5X6

MLS® Number: 980625

Listing Description

A great opportunity to acquire three industrial strata units at 2061 Malaview Ave W. These three units represent 50% of the units in the complex and an 66% interest in the entire strata property. The three units are well cared for and fully leased to long-term tenants. The entire strata property sits on nearly 30,000 sq ft of land in the West Side Industrial Area, which provides easy access to BC Ferries, the International Airport, Sidney and Victoria. The units have approximately 10,685 sq ft of interior space and 30 combined designated parking spaces for the three units, and the complex is easily accessible via Malaview Ave W. and a rear laneway. Each unit has grade-level Bay doors (12ft & 14ft) and full-height mezzanines, allowing the spaces to accommodate a wide variety of businesses under the M1 zoning. The Leases are all leased under market and the property has a significant upside on renewals. The property is easy to view. (28627904)

Property Summary

Property Type
Industrial
Neighbourhood Name
Sidney South-West
Title
Strata
Built in
1986
Annual Property Taxes
$14,757
Total Parking Spaces
30
Time on REALTOR.ca
1 day

Building

Interior Features
Ceiling Height
228 in
Maintenance or Condo Information
Maintenance Management Company
Colyvan Pacific
Parking
Total Parking Spaces
30

Measurements

Exterior Building Size
10685 sqft

Land

Other Property Information
Zoning Type
Unknown
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2
Kane Ryan