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705-711 Johnson St, Victoria, BC V8W 1M8

  • $3,975,000
705-711 Johnson St, Victoria, BC V8W 1M8
  • Mixed Use
  • Property Type
  • 17236.00
For Sale
705-711 Johnson St, Victoria, BC V8W 1M8
  • $3,975,000

Overview

Property ID: 4877910
  • Mixed Use
  • Property Type
  • 17236.00

Description

705-711 Johnson Street spans three floors, with the main floor comprised of two commercial retail units over approximately 6,900 sq. ft., the second and third floors are each 5,168 sq. ft. and have a total of 41 residential units. The total building area is 17,236 sq. ft. The two retail spaces boast 16’ ceilings and prominent Johnson Street frontage. 705 Johnson Street is occupied by Board with Friends, a locally owned and operated boardgame café. 707 Johnson Street is currently vacant and is purpose built for a gym but can accommodate a range of other uses. Each space features its own washrooms, with an additional shower amenity in 707 Johnson Street. The upper levels house 41 single occupancy rooms, known as York Hotel, each level is equipped with half and full washrooms, with a laundry room on the third floor. The residential units are currently rented at below market rates, offering a potential to increase the overall income of the property.

  • Address 705-711 Johnson St
  • City VICTORIA
  • Province BC
  • Postal Code V8W 1M8
  • Area Victoria
  • Country Canada

Details

Updated on August 30, 2024 at 10:33 am
  • Property ID: 4877910
  • Price: $3,975,000
  • Property Size: 17236.00 m²
  • Property Type: Mixed Use
  • Property Status: For Sale
  • MLS#: 969336
  • Brokerage: CBRE LIMITED
  • Agent Name: Jeff Lougheed
  • MLS Status: Active
  • District: Capital Regional District

Additional details

  • List Date: 2024-07-03
  • List Office MLSID: 349
  • List Agent MLSID: 4420
  • Property Type: Commercial Sale
  • Tax Annual Amount: 36224.00
  • Tax Assessed Value: 1927000
  • Tax Assessed Year: 2023
  • Tax Book Number: 1021002
  • Tax Jurisdiction: City of Victoria
  • Tax Legal Description: LOT 35, VICTORIA LAND DISTRICT, THE WESTERLY 8 1/2 INCHES
  • Tax Year: 2023

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