Fantastic Investment opportunity in the Saanich Core. Right across from Uptown. This property is zoned C2 General Commercial. Currently tenanted with good cash flows and a 4.3% cap rate*, this lot is situated in the prime area of the district of Saanich' s vision for the core and the Uptown Douglas Plan. A great candidate property for future-redevelopment Information on the tenancies and financials available upon the execution of a non-disclosure agreement. *cap rate is an estimation and should not be relied upon without independent verification
Address
3491 Saanich Rd
List Price
$2,850,000
Property Type
Commercial Sale
Type of Dwelling
Business
Area
Saanich East
Sub-Area
SE Quadra
Lot Size
12584 Sq. Ft.
Lot Size (Acres)
0.29 Ac.
MLS® Number
980331
Listing Brokerage
Pacifica Real Estate Inc.
Postal Code
V8X 1W8
Tax Amount
$45,776.00
Tax Year
2023