1195 Esquimalt Rd, Esquimalt, BC V9A 3N6
Listing by Peter Tanner Firm Management Corporation
$6,800,000
Est. payment /mo
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21,043 SqFt
Active

1195 Esquimalt Rd Esquimalt, BC V9A 3N6

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Kyle Kerr PREC

Kyle Kerr PREC

+1(250) 818-5595

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 21,043 sqft

Price per Sqft $323

MLS Listing ID 1014561

HOA Y/N No

Year Built 1992

Annual Tax Amount $65,759

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Office

Property Description

Great opportunity for an investor, or owner/user. FOR SALE: 1195 Esquimalt Road is a three story office building with secure covered parking in the heart of Esquimalt's commercial core. The building comprises 21,043 sq ft over 3 floors situated on a 12,594 sq ft lot at the prominent corner of Esquimalt Rd and Fraser St. Floors 1 and 2 are leased by a longterm provincial government tenant with 3.5 years remaining in their term. The vacant 6440 sq ft 3rd floor is fully improved office space which could be occupied by an owner user. The fully leased cap rate (at $18 psf net rent for 3rd floor) would be 6.1%. Great natural light, partially upgraded HVAC and serviced by elevator. Zoned C-3 Commercial allowing a broad range of uses including assembly and day care amongst many others. Financial information provided to qualified purchasers with signed confidentiality agreement. Please do not disturb tenants.

Location

Province BC

County Capital Regional District

Community Es Saxe Point

Area Esquimalt

Direction At the corner of Esquimalt Road and Fraser Street, one block from Esquimalt City Hall

Interior

Cooling HVAC

Fireplace No

Exterior

Parking Features On Site

Utilities Available Electricity Connected, Phone Connected

View Y/N true

View Mountain(s)

Garage No

Building

Sewer Sewer To Lot

Water Municipal

Others

Ownership Freehold

NEARBY SCHOOLS & PROPERTIES

Initium Real Estate Ltd

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1

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1195 Esquimalt Rd