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Listing by Erin Glazier NAI Commercial (Victoria) Inc.

$23,500,000

Est. payment - /mo

55,925 SqFt

Active

2950 Douglas St Victoria, BC V8T 4N4

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Kyle Kerr PREC

kyle@initiumre.com +1(250) 818-5595

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 55,925 sqft

Price per Sqft $420

MLS Listing ID 1016015

HOA Y/N No

Annual Tax Amount $424,101

Tax Year 2025

Lot Size 2.200 Acres

Acres 2.2

Property Sub-Type Retail

Property Description

NAI Commercial is pleased to present the opportunity to acquire a centrally located grocery anchored neighbourhood shopping centre, fully leased with a mix of national and regional tenants. Situated on 2.2 acres comprised of two parcels, included is an additional parking lot prime for redevelopment. Douglas Shopping Centre is located between Burnside Road E and Douglas Street/Highway 1, which is the main arterial route between Victoria and Saanich. Situated close to residential neighbourhoods, industrial, office and other retail hubs, the property is easily accessible by car, public transit and cycling routes. Showcasing a variety of long-standing commercial Tenants, don't miss the opportunity to own an asset that has not come to the market in thirty five years with significant future redevelopment potential. An NDA has been provided in the supplements for access to the data room.

Location

Province BC

County Capital Regional District

Community Vi Burnside

Area Victoria

Zoning C-1

Interior

Fireplace No

Exterior

Parking Features On Site

Garage Spaces 182.0

View Y/N false

Total Parking Spaces 182

Garage No

Others

Ownership Freehold

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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

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505 Dalton St, Victoria, V9A, 4B1