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Commercial Sale

$23,500,000
2950 Douglas St, Victoria, BC

Address

2950 Douglas St, Victoria, BC

Price

$23,500,000

Property Description

NAI Commercial is pleased to present the opportunity to acquire a centrally located grocery anchored neighbourhood shopping centre, fully leased with a mix of national and regional tenants. Situated on 2.2 acres comprised of two parcels, included is an additional parking lot prime for redevelopment. Douglas Shopping Centre is located between Burnside Road E and Douglas Street/Highway 1, which is the main arterial route between Victoria and Saanich. Situated close to residential neighbourhoods, industrial, office and other retail hubs, the property is easily accessible by car, public transit and cycling routes. Showcasing a variety of long-standing commercial Tenants, don't miss the opportunity to own an asset that has not come to the market in thirty five years with significant future redevelopment potential. An NDA has been provided in the supplements for access to the data room.

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1016015
Property Type: Commercial Sale
Property Subtype: Retail
Status: Active
Lot Size: 2.20 acres
Area: Victoria - Vi Burnside
Annual Tax: $424,101 (2025)
Days on Market: 197 days

Additional Property Details

Building Type: Retail

Parking & Land Details

Parking Spaces: 182
Land Size: 2.49 ac
Acreage: true

Landscape & Property Information

Irregular Land Size: 2.49
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1016015

Property Location

2950 Douglas St, Victoria, BC

Listed by NAI Commercial (Victoria) Inc.

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