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4,315 SF Strata Retail/Warehouse 1830 Island Hwy 4,315 SF 100% Leased Retail Building Colwood, BC V9B 1J2 $798,594 USD ($185.07 USD/SF)

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Investment Highlights

  • 2,672 SF retail showroom/warehouse
  • Two roll-up 10x12 bay doors
  • Five parking spaces
  • 1,643 SF mezzanine office and storage area
  • Four private offices

Executive Summary

The property represents a rare opportunity to purchase a 4,315 SF retail strata warehouse constructed in 1981, with a 1,643 SF mezzanine office and storage area (660 SF and 983 SF respectively), and a 2,672 SF retail showroom/warehouse area on the main floor. The showroom area has small kitchenette, washroom, and four offices. The Warehouse is serviced by two roll-up 10x12 bay doors. There are a total of five strata units in the complex – known as the Pacific Rim Center on the Colwood strip – and the property is zoned CS-1 (service commercial). The City of Colwood Official Community Plan designates the existing use for the property as “Colwood Corners, Commercial.”

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Bankruptcy Sale
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,315 SF
Year Built
1981
Price
$798,594 USD
Price Per SF
$185.07 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
CS1 - Service Commercial
Parking
30 Spaces (6.95 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Services
  • -
  • -
  • -

Midas is one of the world's largest providers of automotive service, including brake, maintenance, tires, steering, suspension, and exhaust services. In April 1956, Midas began life as a groundbreaking auto repair outlet with a reputation for service, quality, and reliability. Now after more than 60 years, the success story continues thanks to the tireless efforts of Midas franchisees and employees, whose neighborhood focus and day-to-day involvement fuel the worldwide appeal of their famous brand. Today more than ever, you can rely on them for expert brake repair, scheduled car maintenance, exhaust repair, new tires, oil change, steering repair, suspension systems repair, wheel alignment, and more.

Tenant Industry SF Occupied Rent/SF Lease End
Services - - -
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Save-on-foods
Tim Hortons
Denny's
Thrifty Foods
Royal Bank of Canada
CIBC
Club Pilates
CrossFit
Starbucks
Jazzercise
  • Listing ID: 34596405

  • Date on Market: 1/24/2025

  • Last Updated:

  • Address: 1830 Island Hwy, Colwood, BC V9B 1J2

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