534 Yates St.

$2,850,000

Victoria, V8W 1K8
sqft, Beds, Baths

Retail home located in Victoria

MLS #1017330
Listed by RE/MAX Camosun

  • Type: Commercial Sale
  • Lot Size: 0.12 acres

Description

Exceptional commercial investment property on Yates Street, ideally situated in the heart of Victoria’s vibrant downtown core. Totalling 5,317 SF, the main level offers 2,748 SF of prominent street-front retail exposure, with 2,569 SF of lower-level space suitable for storage or offices. Tenanted by a well known and respected Victoria-based menswear retailer, the property is leased until December 31, 2028, with a scheduled rent escalation for the final year. The property has been well maintained and is located across from a large city-managed parking lot, steps from the Inner Harbour and major pedestrian traffic. A secure, income-producing asset in one of downtown Victoria’s most dynamic retail corridors. NDA required for current lease details. Please do not visit or engage with tenant without scheduling a showing with the listing agents.

Location