1/3753 Yates St, Victoria
753 Yates St, Victoria, BC V8W1L6
$825,000 total
2,086 SF
Asset Class
Retail
Size
2,086 SF
Building class
C
Zoning
CSC — Shopping Centre
$ / SF
$395
Occupancy
87%
Lot Size
0.04499540863177227 ac
About this property
Outstanding opportunity to own a character commercial building in the heart of downtown Victoria! Situated along high-traffic Yates Street, this property offers excellent street exposure, strong visibility, and a prime location within Victoria's vibrant downtown core.Featuring approximately 1,576 sq. ft. on the main floor plus a 501 sq. ft. mezzanine, for a total of 2,077 sq. ft., the building offers a versatile layout suitable for a variety of commercial uses. With Victoria's growing downtown residential population, established business community, and steady pedestrian and vehicle traffic, this location presents an excellent opportunity for an owner-occupier or investor. Why lease when you can own? Establish your business in your own character building, build equity, and take advantage of a prominent downtown location. A rare opportunity to secure a standalone commercial property in the heart of Victoria! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$40K
Annual cash flow
$-6K
Cash-on-cash
-2.30%
DSCR
0.88
Going-in cap
4.85%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 1,217 SF | 2028-06 |
| Cascade Foods Inc. | 404 SF | 2028-06 |
| Cascade Foods Inc. | 400 SF | 2028-06 |
| Cascade Foods Inc. | 400 SF | 2028-06 |
Area demographics
Trade area within 3 miles of the property.
Population
62,706
Households
21,898
Median income
$134,500
Median age
38.9
Daytime population
63,005
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 753 Yates St, Victoria.
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.