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707 Courtney St - The Falls 6,417 SF Retail Condo Unit Offered at $3,445,756 in Victoria, BC V8W 0A9
INVESTMENT HIGHLIGHTS
- The Subject Property is offered at a price point well below its current replacement cost.
- Downtown (CBD) zoning is intentionally permissive, supporting a wide range of professional uses including medical, pharmacy, physiotherapy, wellness.
- Located on Douglas Street (a key Trans-Canada Highway artery with over 14,900 vehicles per day).
- Located steps from the Inner Harbour and major landmarks, within a mixed-use development that includes 155 residential units.
PROPERTY FACTS
| Total Building Size | 286,326 SF | Floors | 18 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 13,998 SF |
| Property Subtype | Apartment | Year Built | 2009 |
| Building Class | A | ||
| Zoning | CBD-2 | ||
| Total Building Size | 286,326 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 18 |
| Typical Floor Size | 13,998 SF |
| Year Built | 2009 |
| Zoning | CBD-2 |
1 UNIT AVAILABLE
Unit 869
| Unit Size | 6,417 SF | Condo Use | Retail |
| Price | $3,445,756 USD | Sale Type | Owner User |
| Price Per SF | $536.97 USD | APN/Parcel ID | 027-962-601 |
| Unit Size | 6,417 SF |
| Price | $3,445,756 USD |
| Price Per SF | $536.97 USD |
| Condo Use | Retail |
| Sale Type | Owner User |
| APN/Parcel ID | 027-962-601 |
SALE NOTES
Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an owner-user to acquire a highly visible corner strata retail unit at 869 Douglas Street, Victoria, B.C. (the “Subject Property”). The Subject Property is a 6,417 SF ground floor corner strata lot, fronting Douglas Street (Highway 1 / Trans-Canada Highway) in downtown Victoria. The unit is priced well below replacement cost and further benefits from on-site shared parking, its location beneath The Falls (two residential towers totaling 155 residential units), and strong adjacent co-tenancies, Browns Socialhouse and 7-Eleven.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 336 | - | - |
Presented by
707 Courtney St - The Falls
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