9839 Fifth St, Sidney, V8L 2X4

NEWCommercial - Retail For Sale in SI Sidney North-West

$2,650,000

Beds
Baths
3,687Sqft
.29Acres
Built
1DOM
MLS® #: 425929
Current, 1 Days on Market

Attractive mixed use property on high profile corner in midst of commercial core of Sidney. Strong retail tenant (Monk Office) on main floor has occupied the space for 12 years and there is a new 7-year lease in place (with demo clause). Three stable long term residential tenants occupy the two spacious and well appointed 2-bedroom suites and 1-bedroom suite on the second floor. Residential suites are separately metered and rented below market. Generous on-site parking. This property offers a low maintenance investment with reliable cash flow and upside revenue growth. Existing zoning and OCP support re-development to 4-storey condo project.

Essential Information

MLS® #: 425929
Price: $2,650,000
Square Footage: 3,687
Acres: 0.29
Type: Commercial
Sub-Type: Retail
Style: Retail
Status: Current

Community Information

Address: 9839 Fifth St
Subdivision: SI Sidney North-West
City: Sidney
Province: BC
Postal Code: V8L 2X4

Additional Information

Date Listed: May 12th, 2020
Days on Market: 1

Listing Details

Listing Office: NAI Commercial (Victoria) Inc.

Financials

$/SqFt: $719

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