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Key Details
Sold Price $377,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 839815
Year Built 1994
Annual Tax Amount $3,878
Tax Year 2019
Lot Size 871 Sqft
Property Sub-Type Office
Property Description
Investment Opportunity! For sale along with strata lot 2 (ML#426210) these two commercial strata units offer a single tenancy with a AAA tenant (Scotia Capital) in a ground floor corner unit in the heart of downtown Sidney, BC. Comprising 2,193 rentable square feet with a term lease in place providing a carefree investment for the owner. Very nicely improved professional office space befitting a national wealth management tenant. 3 free parking stalls. 4.8% cap rate, with potential for increase in rate on renewal. Contact agent for lease details, and please do not disturb tenant.
Location
Province BC
County Capital Regional District
Area Si Sidney North-East
Zoning commercial
Exterior
Exterior Feature Lighting
Parking On Site 1
Utilities Available Cable To Lot, Electricity To Lot, Garbage
Building
Lot Description Curb & Gutter
Story 3
Water Municipal
Structure Type Frame Wood,Insulation: Ceiling,Insulation: Walls
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Bought with Unrepresented Buyer Pseudo-Office
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Kory Prince
Owner/Director of Operations | -V61339
Owner/Director of Operations -V61339