Special offer

DOWNTOWN SIDNEY STRIP MALL FOR SALE |GREAT INVESTMENT

By
Industry Observer with Retired BC Realtor

DOWNTOWN SIDNEY BC STRIP MALL FOR SALE

 

Income investment opportunity, Retail Strip Mall in downtown Sidney 2353 Bevan Ave..

2353 Bevan Ave Sidney BC Strip Mall For Sale

First time on the market. C1 Downtown Zoning, with a latent development potential.

 

THIS IS An...Easy to manage investment, all leases are triple net. Located on a Large 1 acre plus Lot with 236 ft road frontage, Right behind Save on Foods grocery. This Retail Commercial Sidney property offers a great return an excellent future latent  development opportunity.

 

CAP Rate: 4.53% ( return on investment based on net income after expenses Net OperatingIncome) on a asking price of $5,599,999. Building is Self Managed by Owner.

Cap RateGreat long term tenants, triple net leases.

 

Easy off street parking for consumers for stop and go retail shopping. Prime downtown location in Sidney by the Sea,

 #sidneystripmall #fredcarversidney #stripmallforsale #Victoriacommercialrealestate #sidneyrealestate #victoriacommercialrealtor #fredcarver

 

Only 20 Minutes to downtown Victoria, 5 minutes to the Victoria International Airport and 10 minutes to BC Ferries to the Vancouver mainland. Located in Victoria Popular Waterfront community affectionately known as "Sidney by the Sea"

 FOR SALE RETAIL STRIP MALL IN DOWNTOWN SIDNEY BC INVESTMENT OPPORTUNITY

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HAVE YOUR BEST YEAR EVER IN 2015 !

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  "Selling Victoria Residential & Income Producing Properties since 1971"

 

Cheers

Fred Carver

Personal Real Estate Corporation

RE/MAX Camosun
Accredited Consultant in Real Estate®

“Recognized by ActiveRain as a 2013-2014 Top Contributor for Real Estate Blogging.”

Direct 250-598-2963   

Over 40 Years Experience selling Real Estate does make a Difference.. call Fred today to Put his 40 years experience to work for You.

4440 Chatterton Way, Victoria, BC V8X 5J2
Calling from Out Of Town? Call Toll Free 1-800-663-2121

Find Hundreds of Home For Sale in Victoria BC

Post Copyright © 2016 By Fred Carver Real Estate Corporation All Rights Reserved

Fred Carver Top Realtor Victoria BC

Comments (9)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Congratulations on your new listing.  Nice property and nice job with your presentation.

May 02, 2018 04:37 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Fred Carver Personal Real Estate Corporation wishing you well with the marketing of your new listing.... your presentation is very well done...."the eye buys" and that's eye catching....

May 02, 2018 04:59 AM
Fred Carver Real Estate Consulant
Retired BC Realtor - Victoria, BC
Accredited Real Estate Consultant

Hi Richard Weeks Thanks for stopping by. This is an excellant trouble free real estate investment with development potentional (Town of Sidney indicated over 100 rental or condominiums units could be built on the site),

Cheers, have a fun and successful day!

May 02, 2018 06:56 AM
Fred Carver Real Estate Consulant
Retired BC Realtor - Victoria, BC
Accredited Real Estate Consultant

Hi Barbara Todaro Thank for your positive comments, This investment property should sell easily. The Strip Mall shows a 4.5% Cap rate( rate of return on net income after expenses return).

Thanks for stopping by, have a fun and successful day!

May 02, 2018 07:02 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Fred, Congratulations on your new listing.  This is a fantastic opportunity for a buyer to get in a great investment.  I am sure you will find a buyer soon.

May 02, 2018 07:53 PM
Fred Carver Real Estate Consulant
Retired BC Realtor - Victoria, BC
Accredited Real Estate Consultant

Hi Bob Crane Thanks for stopping by. Yes this is a great Strip Mall investment opportunity in Sidney BC.

Have a fun and successful day tomorrow!

May 02, 2018 09:52 PM
Jeff Perlis Prime Properties
Prime Properties - Lake Arrowhead, CA
Experience Your Own Transformation!

Congratulations on your listing! I'm sure you sold it successfully. 

May 06, 2018 11:17 PM
Fred Carver Real Estate Consulant
Retired BC Realtor - Victoria, BC
Accredited Real Estate Consultant

Hi Jeff Perlis Prime Properties Working on it, thanks for dropping by,

Have a fun and successful day!

May 08, 2018 01:54 PM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Congratulations on your new listing!   All the best with the sale.

May 12, 2018 07:59 PM