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1602-1608 Fort St, Victoria, BC V8R 1H9

  • $1,750,000
1602-1608 Fort St, Victoria, BC V8R 1H9
  • Retail
  • Property Type
  • 5644.00
For Sale
1602-1608 Fort St, Victoria, BC V8R 1H9
  • $1,750,000

Overview

Property ID: 6770961
  • Retail
  • Property Type
  • 5644.00

Description

This large Urban Village designated development site allows for low to mid-rise multi-family or mixed-use buildings and structures up to six (6) storeys. The total site size is approximately 8,279 square feet, with 99 feet of frontage along Fort Street. There is holding income from an existing tenant, Individual Dry Cleaners, a company affiliated with the vendor, on a minimum 2-year lease-back. 1522-1532 Pandora Avenue is also available for purchase under a separate offering. Combined, these properties would represent an exceptional redevelopment opportunity with holding income.

  • Address 1602-1608 Fort St
  • City VICTORIA
  • Province BC
  • Postal Code V8R 1H9
  • Area Victoria
  • Country Canada

Details

Updated on October 3, 2024 at 7:18 am
  • Property ID: 6770961
  • Price: $1,750,000
  • Property Size: 5644.00 m²
  • Land Area: 0.19 m²
  • Property Type: Retail
  • Property Status: For Sale
  • MLS#: 977738
  • Brokerage: COLLIERS
  • Agent Name: Austin Cope
  • MLS Status: Active
  • District: Capital Regional District
  • Land Size: 8279.00

Additional details

  • List Date: 2024-10-03
  • List Office MLSID: 24
  • List Agent MLSID: 5734
  • Property Type: Commercial Sale
  • Tax Annual Amount: 30070.00
  • Tax Assessed Value: 1765400
  • Tax Assessed Year: 2024
  • Tax Book Number: 7428015
  • Tax Jurisdiction: City of Victoria
  • Tax Legal Description: 1602 Fort Street: LOT 3, SECTION 75, VICTORIA DISTRICT, PLAN 26641, PID: 002-371-804 1608 Fort Street: LOT 13, SECTION 75, VICTORIA DISTRICT, PLAN 1042, EXCEPT THE SOUTHERLY PORTION THEREOF REQUIRED FOR WIDENING FORT STREET, DESCRIBED AS FOLLOWS: COMMENCING AT A POINT ON THE EASTERLY BOUNDARY OF SAID LOT 13 A DISTANCE OF 11.25 FEET MEASURED NORTHERLY FROM THE SOUTH EASTERLY CORNER THEREOF; THENCE SOUTHERLY 11.25 FEET TO THE SAID SOUTH EASTERLY CORNER;THENCE WESTERLY ALONG THE SOUTHERLY BOUNDARY 50 FEET TO THE SOUTH WESTERLY CORNER OF SAID LOT; THENCE NORTHERLY ALONG THE WESTERLY BOUNDARY OF SAID LOT 11.83 FEET; THENCE EASTERLY 48.91 FEET MORE OR LESS TO THE POINT OF COMMENCEMENT. PID: 003-843-041
  • Tax Year: 2024
  • Zoning Description: C1-N

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Jason Kahl
  • Jason Kahl