For Sale · Retail

101 755 Hillside Ave, Victoria

101 755 Hillside Ave, Victoria, BC V8T5B3

Price on request

2,828 SF

Asset Class

Retail

Size

2,828 SF

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

92%

About this property

RE/MAX Commercial Camosun is pleased to present 2,828 SF of versatile commercial space at 755 Hillside Avenue in central Victoria. A standout feature is six dedicated parking stalls directly in front of the premises—an uncommon advantage for customers, clients and staff. Zoned TCD-1 (Town Centre District – 1), the property accommodates a broad range of potential uses, including retail, personal services, assembly, studio and veterinary clinic, with office uses subject to applicable ground-floor siting restrictions. The space offers a blank canvas for an occupier to tailor the layout and finishes to its business needs, supported by recently updated plumbing. A compelling opportunity to establish or expand your business in a centrally located commercial setting with convenient on-site parking. All uses subject to municipal approval. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design2,607 SF2032-04

Area demographics

Trade area within 3 miles of the property.

Population

102,791

Households

47,307

Median income

$66,000

Median age

40.3

Daytime population

160,453

5-yr growth

2.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 101 755 Hillside Ave, Victoria.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.