B,c-1011 Johnson St | $875,000
Rosa Powell Agent Photo
Rosa
Powell
P. (250) 384-8124
 Phone Rosa https://pembertonholmes.com/agents/Rosa-Powell/5748/
Pemberton Holmes - Cloverdale
150-805 Cloverdale Ave
 Victoria, BC
 Canada V8X 2S9

Details

%
Years (35 year max)
Years



Address 1011 Johnson St
AreaVictoria
Sub AreaDowntown
State/ProvinceBritish Columbia
CountryCanada
Price$875,000
Property TypeBuilding
WaterfrontNo
Year Built1999
Taxes $11,629
Tax Year2022
MLS® #931421

A rare opportunity to acquire two side by side commercial retail units at 1011 Johnson St . The ability to occupy one unit while leasing out the other for additional revenue makes this an attractive option for owner operators and both units can be delivered vacant on possession. For investors the projected cap rate is 5% when leased out. The units are demised into a 1255 sq ft unit and a smaller 355 sq ft unit. Both units have their own private entrances and a share an accessible washroom with shower. The units benefit from great street frontage on to Johnson St and have large floor to ceiling retail windows which allows for great natural light and signage opportunities. With the Harris Green area seeing densification on nearly every corner, these units will continue to benefit from increased vehicular and pedestrian traffic for years to come.

Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.

Listed by Pemberton Holmes - Cloverdale

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