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$6,300,000 Sale
Listed 30 days ago
1195 Esquimalt Rd
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· 21043
Key Facts
Key facts for 1195 Esquimalt Rd
Property Type
Commercial
Parking
On Site
MLS #
1050799
Size
21043 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$84,602.91 /yr
Days on Market
-
Year Built
1992
Maintenance Fee
-
Description
New Price! Great opportunity for owner/user or investor. 1195 Esquimalt Road is a three story office building with secure covered parking in the heart of Esquimalt's commercial core. The building comprises 21,043 sq ft over 3 floors situated on a 12,594 sq ft lot at the prominent corner of Esquimalt... Rd and Fraser St. Floors 1 and 2 are leased by a longterm provincial government tenant with 2.5 years remaining in their term. The vacant 6440 sq ft 3rd floor is fully improved office space which could be occupied by an owner user. The fully leased cap rate (at $18 psf net rent for 3rd floor) would be 6.5%. Great natural light, partially upgraded HVAC and serviced by elevator. Zoned C-3 Commercial allowing a broad range of uses including assembly and day care amongst many others. Financial information provided to qualified purchasers with signed confidentiality agreement. Please do not disturb tenants.
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Listing courtesy of: Firm Management Corporation

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