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3075 Douglas St

8,652 SF 100% Leased Retail Building Victoria, BC V8T 4N3 For Sale

Investment Highlights

  • Sale-Leaseback: Anchored by Vancity Credit Union covering 6,455 SF, the property ensures a stable holding income, providing cash flow during the plann
  • Significant Development Potential: The property is positioned within the Mayfair Town Centre area, under the Burnside Gorge Community Plan, which enco
  • Limited Supply in the Market: Given the scarcity of similar large-scale development sites in Victoria’s core areas, 3075 Douglas Street represents a u

Executive Summary

Nestled in the bustling heart of Victoria's Midtown, directly across from the Mayfair Shopping Centre, this property benefits from its location amidst the area's rapid development. Positioned within the Mayfair Town Centre zone under the Burnside Gorge Community Plan, this property is primed for high-density, mixed-use development, boasting a land use designation supporting up to 12 storeys.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
8,652 SF
Building Class
B
Year Built
1965
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.30
Lot Size
0.66 AC
Parking
40 Spaces (4.62 Spaces per 1,000 SF Leased)
Frontage
253 ft on Douglas St

Amenities

  • Bus Route
  • Courtyard
  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Drive Thru
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Biker's Paradise (92)
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.®

Nearby Major Retailers

Tim Hortons
Citi
Red Robin
TacoTime
Starbucks
New York Fries
CIBC
Jenny Craig
Fit4Less
RBC Royal Bank
  • Listing ID: 32567127

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 3075 Douglas St, Victoria, BC V8T 4N3

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