14,535 SF Commercial Strata Investment Property - Four (4) Fully Leased Strata Lots Excellent opportunity to purchase tenanted commercial strata units in the heart of Colwood. The premises are improved with a large daycare facility (10,835sf), a bakery, and BCMA community centre. The building benefits from high profile signage, frontage and easy access direct from Island Highway with a high vehicle traffic count. Centrally located in close proximity to amenities, public transit, the galloping goose regional trail, etc. Zoning allows for a wide range of commercial uses and the OCP calls for considerable growth and density. The improvements were originally constructed in 1981 as industrial units, complete with overhead doors, and subsequently converted into their current configuration with a second storey added to strata lot 9 in 2002. Offered at a 5.7% cap rate with rent escalations over the term, don't miss out on this unique investment opportunity. (29979308)
Neighbourhood Name
Triangle
Annual Property Taxes
$68,354 (CAD)
Time on REALTOR.ca
69 days
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