I JUST LISTED A DOWNTOWN SIDNEY BC STRIP MALL FOR SALE
Income investment opportunity, Retail Strip Mall in downtown Sidney 2353 Bevan Ave..
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: 4.23% ( return on investment based on net income after expenses NetOperatingIncome) on a asking price of $5,999,999. Building is Self Managed by Owner.
Great 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,
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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"