A great opportunity to acquire three industrial strata units at 2061 Malaview Ave W. These three units represent 50% of the total units in the complex and a 66% interest in the entire strata property. The three units are well cared for and fully leased to long-term tenants. The entire strata property sits on nearly 30,000 sq ft of land in the West Side Industrial Area, which provides easy access to BC Ferries, the International Airport, Sidney and Victoria. The units have approximately 10,685 sq ft of interior space and 30 combined designated parking spaces for the three units, and the complex is easily accessible via Malaview Ave W. and a rear laneway. Each unit has grade-level Bay doors (12ft & 14ft) and full-height mezzanines, allowing the spaces to accommodate a wide variety of businesses under the M1 zoning. The Leases are all leased under market and the property has a significant upside on renewals. The property is easy to view.
Data was last updated December 23, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$912,000
Min list price:
$45,000
Max list price:
$2,820,000
Avg days on market:
57
Min days on market:
24
Max days on market:
271
These statistics are generated based on the current listing's property type
and located in
Sidney. Average values are
derived using median calculations.