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The subject property is located on a key retail block of Government Street between Yates and Johnson Streets and benefits from its frontage on Government Street and its location immediately adjacent to The Gap. The property is roughly rectangular in shape with Government Street frontage of approximately 21.77 lineal feet and a lot depth of approximately 120 feet. The site is improved with a single two storey plus partial basement building constructed in 1895. The improvements occupy 100% of the site area and the structure is on the City of Victoria Heritage Registry. The structure was originally constructed as the Romano Theatre has had numerous renovations over its life, the most recent being in 1988 when the building was converted from a dinner theatre to its current retail use.
Colliers International is Canada’s largest commercial real estate services company, providing a full range of services to real estate occupiers, developers and investors. Services include brokerage, real estate management, valuation, consulting, project management, project marketing and research. Through a culture of service excellence and a shared sense of initiative, Colliers Canada and our more than 1,400 professionals integrate the resources of real estate specialists across Canada to accelerate the success of our clients. In 2013 alone, Colliers Canada concluded more than 4,600 sale and lease transactions on behalf of investors and occupiers totaling some $7.8 billion across Canada. Colliers also completed more than 1,400 property valuations in 2013 and currently manages 46.4 million square feet of space.