Esquimalt, BC V9A 3N6,1195 Esquimalt Rd
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$6,800,000
Est. payment /mo
0.29 Acres Lot
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1014561

Rental Info Unrestricted

Year Built 1992

Annual Tax Amount $65,759

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Office

Property Description

Great opportunity for an investor, or owner/user. FOR SALE: 1195 Esquimalt Road is a three story office building with secure covered parking in the heart of Esquimalt's commercial core. The building comprises 21,043 sq ft over 3 floors situated on a 12,594 sq ft lot at the prominent corner of Esquimalt Rd and Fraser St. Floors 1 and 2 are leased by a longterm provincial government tenant with 3.5 years remaining in their term. The vacant 6440 sq ft 3rd floor is fully improved office space which could be occupied by an owner user. The fully leased cap rate (at $18 psf net rent for 3rd floor) would be 6.1%. Great natural light, partially upgraded HVAC and serviced by elevator. Zoned C-3 Commercial allowing a broad range of uses including assembly and day care amongst many others. Financial information provided to qualified purchasers with signed confidentiality agreement. Please do not disturb tenants.

Location

Province BC

County Capital Regional District

Area Es Saxe Point

Interior

Cooling HVAC

Exterior

Parking On Site 1

Utilities Available Electricity To Lot, Phone To Lot

View Y/N Yes

View Mountain(s)

Building

Story 3

Sewer Sewer To Lot

Water Municipal

Others

Tax ID 017-806-399

Ownership Freehold


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Listed by Firm Management Corporation
Dallas King

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