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Listing by Amanda Neal AY Victoria Realty Ltd.
$ 2,400,000
Est. payment /mo
New
989 Johnson St #105 Victoria, BC V8V 3N7
5,332 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,332 sqft
Price per Sqft $450
MLS Listing ID 1023960
HOA Y/N No
Year Built 2019
Annual Tax Amount $53,461
Tax Year 2025
Property Sub-Type Retail
Property Description
HIGH PROFILE FULLY LEASED RETAIL INVESTMENT STRATA FOR SALE
Prominently located in downtown Victoria on the corner of Johnson and Vancouver Streets, the commercial strata lot is 5,332 square feet in size and leased to a well-established tenant (Forge Fitness) entering their sixth year in business in this location. The space benefits from its high-profile corner location, high ceilings, floor to ceiling windows, beautiful patio area, with excellent street frontage and signage opportunity. There are many new developments in various stages of construction and planning underway within the neighbourhood, offering a dynamic mix of office, retail and residential growth. The City has targeted this area for expansion, promoting higher density population. The subject property's proximity to the City Centre, access to transit, and its urban streetscape make it a desirable place to live, work and invest. Priced well below assessed value. 6 underground LCP parking stalls included in the sale.
Prominently located in downtown Victoria on the corner of Johnson and Vancouver Streets, the commercial strata lot is 5,332 square feet in size and leased to a well-established tenant (Forge Fitness) entering their sixth year in business in this location. The space benefits from its high-profile corner location, high ceilings, floor to ceiling windows, beautiful patio area, with excellent street frontage and signage opportunity. There are many new developments in various stages of construction and planning underway within the neighbourhood, offering a dynamic mix of office, retail and residential growth. The City has targeted this area for expansion, promoting higher density population. The subject property's proximity to the City Centre, access to transit, and its urban streetscape make it a desirable place to live, work and invest. Priced well below assessed value. 6 underground LCP parking stalls included in the sale.
Location
Province BC
County Capital Regional District
Community Vi Downtown
Area Victoria
Zoning R48 Harris Green District
Interior
Fireplace No
Exterior
Parking Features On Site
Garage Spaces 6.0
View Y/N false
Total Parking Spaces 6
Garage No
Others
Ownership Freehold/Strata
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