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Opportunity to lease a lower level warehouse facility that has been renovated in 2015. The subject property is located on the east side of Douglas Street, a major north-south traffic artery that runs through downtown and connects to the Trans-Canada Highway allowing access to Victoria’s western communities and up-island. The warehouse is accessible by a ramp off Douglas Street and a grade level door off Nanaimo Street. Features include: New waterproof ceiling, interior paint and lighting, updated electrical, power and plumbing; 14' ceiling height; one large grade level overhead door at the rear of building; ideal facility for storage use; potential to demise space for mini-storage uses; accessible via Douglas Street or through its separate entrance off of Nanaimo Street.
CBRE Limited is pleased to present this opportunity to purchase a recently renovated, 2-storey mixed-use building featuring 48 residential suites over a lower level 18,398 sq. ft. commercial warehouse. The subject property is centrally located on Douglas Street with the Mayfair Shopping Centre, transit,major artery routes, and a variety of commercial facilities nearby. Investment Highlights: Fully renovated in 2015. New suites and exterior. Re-paved parking lot and landscaping. 55 year remaining economic life expectancy. Approximately 150 feet of Frontage on to Douglas Street. Close proximity to downtown Victoria, transit routes and shopping. Easily accessible from Douglas Street with north and south bound traffic using a centre, two way turn lane.