3892 Carey Rd, Saanich

$1,300,000

0 Beds
0 Baths
.17 Acres
0 Garages

Prime location Commercial building offers 4 retail units and one residential suite on 2nd floor. Long term tenants in place. C2 zoning allows wide range of uses. 6 parking spaces. 2 year old roof, and most windows updated. High traffic and visibility. Gross Income $67,200 from the 5 leases; Net Income $45,287 yielding a 3.48 % CAP after allowing 2% vacancy. Most rates on leases are below market rent.

Essential Information
MLS® #856902
Price$1,300,000
Bathrooms0.00
Acres0.17
Year Built1951
TypeCommercial Sale
Sub-TypeRetail
StatusActive
Community Information
Address3892 Carey Rd
AreaSW Tillicum
CitySaanich
CountyCapital Regional District
ProvinceBC
Postal CodeV8Z 4C9
Utilities

Cable Available, Electricity Available, Garbage, Phone Available, Recycling, Natural Gas Available

Interior
# of Stories2
Heating

Baseboard, Electric, Natural Gas

Exterior
WindowsVinyl Frames, Aluminum Frames
FoundationBlock
Exterior Features

Low Maintenance Yard, Lighting, Security System, Sign: Allowed, Sign: Pylon, Storefront

Construction

Frame Wood, Stucco, Insulation All

Additional Information
Days on Market63
ZoningC2
Listing Details
OfficePemberton Holmes - Cloverdale
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