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Listing by Ayush Kakkar Woodhouse Realty
$ 3,050,000
Est. payment | /mo
3,396 SqFt
$ 3,050,000
Est. payment | /mo
3,396 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,396 sqft
Price per Sqft $898
MLS Listing ID 1043983
HOA Y/N No
Annual Tax Amount $39,093
Tax Year 2026
Property Sub-Type Industrial
Property Description
Turnkey downtown Victoria investment. Fully-leased two-storey mixed-use building with four diversified income streams under triple-net leases — a clean, low-management hold. Total rent $20,100/mo ($241,200/yr). Approx. cap rate 6.5%+.
Main floor anchored by Ustaad G, an established Indian restaurant franchise with 12+ locations. Rear unit houses a spa tenanted 7+ years. Upstairs: banquet hall plus a 3-bed, 2-bath apartment occupied by restaurant staff.
Repositioned 2025 — restaurant now franchise-tenanted at market rent, apartment added as new income unit. Buyer to verify floorplan and measurements, done by Sdlenselement Victoria.
Main floor anchored by Ustaad G, an established Indian restaurant franchise with 12+ locations. Rear unit houses a spa tenanted 7+ years. Upstairs: banquet hall plus a 3-bed, 2-bath apartment occupied by restaurant staff.
Repositioned 2025 — restaurant now franchise-tenanted at market rent, apartment added as new income unit. Buyer to verify floorplan and measurements, done by Sdlenselement Victoria.
Location
Province BC
County Capital Regional District
Community Vi Downtown
Area Victoria
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Garage No
Others
Ownership Freehold
Acceptable Financing Clear Title
Listing Terms Clear Title
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