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1195 Esquimalt Rd, Esquimalt, BC, V9A 3N6

MLS® # 1050799
new listing
Commercial For Sale In Esquimalt, British Columbia
$6,300,000

None Beds

1195 Esquimalt Rd, Esquimalt, BC
  • Advertising
1195 Esquimalt Rd, Esquimalt, BC, V9A 3N6
$6,300,000

Property Information:

New Price! Great opportunity for owner/user or investor. 1195 Esquimalt Road is a three story office building with secure covered parking in the heart of Esquimalt's commercial core. The building comprises 21,043 sq ft over 3 floors situated on a 12,594 sq ft lot at the prominent corner of Esquimalt Rd and Fraser St. Floors 1 and 2 are leased by a longterm provincial government tenant with 2.5 years remaining in their term. The vacant 6440 sq ft 3rd floor is fully improved office space which could be occupied by an owner user. The fully leased cap rate (at $18 psf net rent for 3rd floor) would be 6.5%. Great natural light, partially upgraded HVAC and serviced by elevator. Zoned C-3 Commercial allowing a broad range of uses including assembly and day care amongst many others. Financial information provided to qualified purchasers with signed confidentiality agreement. Please do not disturb tenants.

Property Features:

  • Annual Tax Amount: $84,602
  • Building Features: Elevator: Passenger, High Traffic Area, Parking, Transit Nearby
  • Built in: 1992
  • Construction Materials: Block, Concrete, Frame Wood
  • Cooling: HVAC
  • Floor Space (approx): 21043 Square Feet
  • Flooring: Mixed
  • Foundation Details: Slab
  • Heating: Baseboard, Natural Gas
  • Lot Frontage: 12594 Square Feet
  • Lot Size: 12594.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Office
  • Utilities: Electricity Connected, Phone Connected
  • View: Mountain(s)
  • Water Source: Municipal
  • Sewer: Sewer To Lot

Courtesy of: Firm Management Corporation

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.

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Market Price Trends

Single family detached

3.67%

Price change (1 year)

43.31%

Price change (5 years)

All Properties

-0.99%

Price change (1 year)

30.72%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1195 Esquimalt Rd, Esquimalt, BC, V9A 3N6

Demographic Information of 1195 Esquimalt Rd, Esquimalt, BC, V9A 3N6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$112,714.23

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.15 %

High school certificate or equivalent

32.28 %

Apprenticeship trade certificate/diploma

6.96 %

College/non-university certificate

22.1 %

University certificate (below bachelor)

0.08 %

University Degree

24.43 %

Commuter

Travel To Work

By Car

62.53 %

By Public Transit

14.6 %

By Walking

15.8 %

By Bicycle

4.44 %

By Other Methods

2.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

68.48 %

Houses

31.52 %

Own Vs. Rent

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