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524 Yates St - The Simon Leiser Building

4,871 SF Retail Condo Unit Offered at $2,354,180 USD in Victoria, BC V8W 1K8

Property Facts

Price $2,354,180 USD
Unit Size 4,871 SF
No. Units 1
Total Building Size 19,858 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Office
Sale Type Investment
Building Class B
Floors 3
Typical Floor Size 6,619 SF
Year Built 1896

1 Unit Available

Unit 101

Unit Size 4,871 SF
Price $2,354,180 USD
Price Per SF $483.31 USD
Condo Use Retail
Sale Type Investment
Cap Rate 5.37%
NOI $126,419.46 USD
Sale Notes

The Leiser Building is an iconic three-storey brick commercial building on the corner of Yates Street and Waddington Alley in the heart of Victoria’s downtown area. Located in the Old Town district, this rare 4,871 SF street level walk-in strata retail space is easily accessible for pedestrians and has high exposure fronting onto the bustling Yates Street. Renovated in 2008 by Le Fevre & Co. the space has seen significant upgrades in addition to a beautiful interior finish allowing for an open and bright space. The opportunity also includes a bonus 2,595 SF of lower level basement space, a rare find in the downtown Victoria core.

Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (92)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Bus Line
  • Courtyard

Nearby Major Retailers

New York Fries
Johnny Rockets
Earls
GoodLife Fitness
The Keg Steakhouse + Bar
Starbucks
freshii
Tim Hortons
CIBC
Anytime Fitness

zoning

Zoning Code OTD-1 (Old Town District 1)
OTD-1 (Old Town District 1)
  • Listing ID: 34006528

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 524 Yates St, Victoria, BC V8W 1K8

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