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524 Yates St - The Simon Leiser Building 4,871 SF Retail Condo Unit Offered at $2,485,339 in Victoria, BC V8W 1K8
PROPERTY FACTS
| Total Building Size | 19,858 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 6,619 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1896 |
| Building Class | B | ||
| Zoning | OTD-1 - Old Town District 1 | ||
| Total Building Size | 19,858 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 6,619 SF |
| Year Built | 1896 |
| Zoning | OTD-1 - Old Town District 1 |
AMENITIES
- Bus Line
- Courtyard
1 UNIT AVAILABLE
Unit 101
| Unit Size | 4,871 SF | Sale Type | Investment |
| Price | $2,485,339 USD | Cap Rate | 5.37% |
| Price Per SF | $510.23 USD | NOI | $133,462.68 USD |
| Condo Use | Retail |
| Unit Size | 4,871 SF |
| Price | $2,485,339 USD |
| Price Per SF | $510.23 USD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.37% |
| NOI | $133,462.68 USD |
SALE NOTES
The Leiser Building is an iconic three-storey brick commercial building on the corner of Yates Street and Waddington Alley in the heart of Victoria’s downtown area. Located in the Old Town district, this rare 4,871 SF street level walk-in strata retail space is easily accessible for pedestrians and has high exposure fronting onto the bustling Yates Street. Renovated in 2008 by Le Fevre & Co. the space has seen significant upgrades in addition to a beautiful interior finish allowing for an open and bright space. The opportunity also includes a bonus 2,595 SF of lower level basement space, a rare find in the downtown Victoria core.
NEARBY MAJOR RETAILERS
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524 Yates St - The Simon Leiser Building
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