This single tenant industrial property provides a great investment opportunity within the City of Victoria. The property features S-5 – Government Street Service District zoning in the Douglas-Blanshard Industrial District, allowing for a multitude of commercial, light industrial, and retail opportunities. The property holds a General Employment designation within the City of Victoria’s Official Community Plan.
Long Term Industrial Redevelopment Site with Holding Income
For Sale
2507 Government Street, Victoria,
Canada
± 19,044 SQFT
Industrial
$5,500,000
$43,480 (2022)
003-892-930
S-5 - Government Street Service District
LOT 1, PLAN VIP18140, SECTION 4, VICTORIA LAND DISTRICT
The Subject Property lies within the Burnside Gorge Neighbourhood of Victoria, specifically the Rock Bay area, which is the primary industrial node of the City. It is located mid-block on the east side of Government Street, between Bay Street and Hillside Avenue. The property is surrounded by Victoria’s major traffic arteries providing excellent access and egress to the City of Victoria and surrounding communities.
Personal Real Estate Corporation
Managing Director, Vancouver Island
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SubscribeThis 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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