Address

546 Yates St, Victoria, BC

Price

$7,500,000

Property Description

546 Yates Street presents the opportunity to acquire a freehold three-storey retail and office investment or owner-occupier property comprised of ±23,740 sq ft of leasable area on a ±9,739 sq ft lot. Located in the historic Old Town district of downtown Victoria, the building sits on the 500 block of Yates Street, directly opposite the 360-stall Yates Street Parkade. The retail level offers ±8,419 sq ft across two long-term tenanted units, both with floor-to-ceiling street-front glazing and strong street-front retail exposure. The second (±7,716 sq ft) and third (±7,605 sq ft) floors are built out as professional office space, the second floor on a long-term lease with Foundry and the third floor currently available, giving a purchaser an owner-occupier opportunity alongside the building's existing in-place income.