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1,2,5 2061 W Malaview Ave

Industrial For Sale in Si Sidney South-West, Sidney

$2,800,000
A great opportunity to acquire three industrial strata units at 2061 Malaview Ave W. These three units represent 50% of the units in the complex and an 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.
Address 1,2,5 2061 W Malaview Ave
List Price $2,800,000
Property Type Commercial Sale
Type of Dwelling Industrial
Area Sidney
Sub-Area Si Sidney South-West
Year Built 1986
MLS® Number 980625
Listing Brokerage Pemberton Holmes Ltd.
Postal Code V8L 5X6
Tax Amount $14,757
Tax Year 2023

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Zamian Parsons

RE/MAX Camosun

4440 Chatterton Way Victoria BC V8X 5J2

Office: (250) 514-1533

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