Active
2061 Malaview Ave W # 5 Unit: 1,2,5
Sidney BC, V8L 5X6
$2,800,000
$262.05 per sqft
Active
10,685 sqft
Commercial
Built in 1986
A great opportunity to acquire three industrial strata units at 2061 Malaview Ave W. These three units represent 50% of the total units in the complex and a 66% interest in the entire strata property. The three units are well cared for and fully leased to long-term tenants. The entire strata property sits on nearly 30,000 sq ft of land in the West Side Industrial Area, which provides easy access to BC Ferries, the International Airport, Sidney and Victoria. The units have approximately 10,685 sq ft of interior space and 30 combined designated parking spaces for the three units, and the complex is easily accessible via Malaview Ave W. and a rear laneway. Each unit has grade-level Bay doors (12ft & 14ft) and full-height mezzanines, allowing the spaces to accommodate a wide variety of businesses under the M1 zoning. The Leases are all leased under market and the property has a significant upside on renewals. The property is easy to view.
980625
MLSⓇ ID
November 13, 2024
Listed
November 22, 2024
Updated
Map
2061 Malaview Ave W # 5 Unit: 1,2,5
Sidney BC, V8L 5X6
Other Property Details
Area Name
Sidney
Taxes
$14,757
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
On Site
Parking Total
30
View
No
County
Capital Regional District
Pool
No
Courtesy of Pemberton Holmes Ltd., Kane Ryan
Listing Contact: 250-986-8900
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor D. Kevin Jones PREC* shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
©2024 Vancouver Island Real Estate Board and Victoria Real Estate Board. All rights reserved.
