747-751 Discovery St Victoria, BC V8T1H1
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Owner occupier or development opportunity with holding income. Opportunity to acquire a tenanted light industrial property on a large 14, 400 square foot lot with secure holding income. The two legal properties function as one and are improved with a single-story L shaped light industrial building demised into 4 units with a large parking lot. The Property is directly adjacent to a large master planned redevelopment of the block fronting Douglas Street between Caledonia Street and Discovery Street. This development is proposing three towers over a shared podium with 451 new homes, 31, 000 square foot grocery store, large public plaza, dedicated childcare centre, and office space. 3 of the 4 units are currently lease, with one tenant going month to month May 2023. Both other tenants have demolition clauses in their leases. (id:32990)
3 days ago | Listing updated with changes from the MLS | |
4 months ago | Listing first seen online |
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