Offering high exposure retail, office, and industrial space fronting Victoria’s major thoroughfare, Douglas Street. Flexible unit sizes, ample parking, and extensive exterior renovations make this location an attractive option for a wide range of businesses. The Mercantile on Douglas features a number of different units ranging from 1,321 – 4,836 SQFT, located within close proximity to Victoria’s downtown core and boasting triple frontage on Douglas Street, Pembroke Street, and Discovery Street. The Mercantile on Douglas offers units with high traffic count exposure and retail opportunities for a variety of business uses. Surrounded by residential developments in every direction, Mercantile on Douglas offers a desirable leasing opportunity for your business to flourish in.
The Mercantile on Douglas is a mixed-use multi-tenanted commercial property located at the Northern edge of the downtown core, home to well known local businesses such as Discovery Coffee and Yonni’s Doughnuts. The entire building is set to undergo extensive exterior renovations, benefiting all existing and future tenants at this location.
High Exposure Retail, Industrial, & Office Space
For Lease
2018 Douglas Street, Victoria,
Canada
± 1,321 - 4,836 SQFT
Industrial
$14–25/FT
$8.56–13.72/FT
In addition to the wide range of amenities and residential density in the area, there are a number of new developments that will provide commercial and residential growth to the neighbourhood. This rapidly expanding area is going to become another one of Victoria's most densely populated areas. The location graphic shows the many developments happening within a two block radius, highlighted amongst these is Chard Developments 3 tower mixed-use project, comprising 540 residential units and 96,000 square feet of mixed commercial, anchored by a large full-service grocery store. In addition to this, Nicola Wealths mixed use project, coined the Spencer Block, will be adding more than 278 new homes to the area, and Le Fevre & Company will be bringing an additional 257 residential units. Finally, Reliance Properties is working on their near 7 acre mixed use development which would bring 3 towers, commercial space, and the potential new home for the Art Gallery of Greater Victoria.
Personal Real Estate Corporation
Commercial Sales & Leasing
Personal Real Estate Corporation
Managing Director, Vancouver Island
This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
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