9839 5 ST
Sidney, BC, V8L 2X4

MLS® #: 839242
NAI Commercial (Victoria) Inc.

$2,550,000

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Business Type: N/A

Date Listed: Tue, May 12, 2020

Property Tax: $19,327 (2020)

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9839 5 ST
Sidney, BC, V8L 2X4

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Property Description for 9839 5 ST

Attractive mixed use property on high profile corner in midst of commercial core of Sidney. Strong retail tenant (Monk Office) on main floor has occupied the space for 12 years and there is a new 7-year lease in place (with demo clause). Three stable long term residential tenants occupy the two spacious and well appointed 2-bedroom suites and 1-bedroom suite on the second floor. Residential suites are separately metered and rented below market. Generous on-site parking. This property offers a low maintenance investment with reliable cash flow and upside revenue growth. Existing zoning and OCP support re-development to 4-storey condo or apartment project.

Details for 9839 5 ST

Property Type: Commercial
Property Tax: $19,327 (2020)
Fees: na
Last Updated: Wed, September 23, 2020
Commercial Type: Building

Key Facts for 9839 5 ST

MLS® #: 839242
Ownership Type: na
Year Built: na
sqft: details.size
Date Listed: May 12, 2020
Lot Size: 0.29
Occupancy: na
Ownership: Freehold
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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Copyright© 2020 Victoria Real Estate Board. All Rights Reserved.

Data was last updated: Wednesday, September 23, 2020, 2:18:42 PM
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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Copyright© 2020 Victoria Real Estate Board. All Rights Reserved.

Data was last updated Wednesday, September 23, 2020 at 2:18:42 PM